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BASCOM CONST., INC. v. FEDERAL DEPOSIT INS. CORP.

Civ. No. 91-177-D.

785 F.Supp. 277 (1992)

BASCOM CONSTRUCTION, INC. v. FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver of City Bank and Trust.

United States District Court, D. New Hampshire.

March 10, 1992.

Attorney(s) appearing for the Case

Michael A. Fuerst, Claremont, N.H., for plaintiff.

James M. Costello, Manchester, N.H., for defendant.

ORDER

DEVINE, Chief Judge.

This action involving the Federal Deposit Insurance Corporation (FDIC) is but one example of the difficulties courts have had in grappling with the complex, and occasionally inconsistent, provisions of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA). See, e.g., Marquis v. FDIC, 779 F.Supp. 6, 8 (D.N.H. 1991) (and cases therein cited).

FIRREA provides...

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