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FDIC v. ST. PAUL FIRE AND MARINE INS. CO.

No. 90-5942.

942 F.2d 1032 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff-Appellant, v. ST. PAUL FIRE AND MARINE INSURANCE COMPANY, Defendant-Appellee.

United States Court of Appeals, Sixth Circuit.

Decided August 26, 1991.

Attorney(s) appearing for the Case

William R. O'Bryan, Jr., Mary Thomson LeMense, Trabue, Sturdivant & DeWitt, Nashville, Tenn., and Eugene J. Comey (argued and briefed), Tuttle & Taylor, Washington, D.C., for plaintiff-appellant.

Roger A. Milam (argued and briefed) and Thomas T. Pennington, Denney, Lackey & Chernau, Nashville, Tenn., for defendant-appellee.

Before KEITH and BOGGS, Circuit Judges, and RUBIN, District Judge.

BOGGS, Circuit Judge.

The Federal Deposit Insurance Corporation ("FDIC"), as the successor in interest to Farmers Bank and Trust ("FBT"), a failed federal savings bank, filed this lawsuit against St. Paul Fire and Marine Insurance Company, asserting four claims under a bankers blanket bond issued to FBT by St. Paul. After a bench trial, the district court, in an extensive and thorough opinion, made findings of fact and conclusions of law. FDIC v. St. Paul Fire...

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