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F.D.I.C. v. FEDDERS AIR CONDITIONING, USA, INC.

Civ. A. Nos. 91-12131-K, 92-10769-K.

821 F.Supp. 50 (1993)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of New Bank of New England, N.A., Plaintiff, v. FEDDERS AIR CONDITIONING, USA, INC., and the Sherwin-Williams Company, Defendants. FEDDERS AIR CONDITIONING, USA, INC., Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of Bank of New England, N.A., and as Receiver of New Bank of New England, N.A., and Fleet Bank of Massachusetts, N.A., Defendants.

United States District Court, D. Massachusetts.

May 11, 1993.

Attorney(s) appearing for the Case

Kathleen C. Stone, Robinson & Cole, Robert A. Stolzberg, Charmoy, Stolzberg & Holian, Boston, MA, for plaintiff.

Robert D. Cohan, David J. Rasnick, Cohan & Rasnick, Kevin F. Moloney, Barron & Stadfeld, Boston, MA, for Fedders Air Conditioning, U.S.A., Inc.

Richard D. Belin, Foley, Hoag & Eliot, Boston, MA, Mitchell A. Orpett, Tribler & Orpett, P.C., Chicago, IL, John Lebold, Ronald Tamburrino, Cleveland, OH, for Sherwin-Williams Co.

Additional Findings of Fact Bearing on Civil Action No. 92-10769-K, and Conclusions of Law in Civil Action No. 92-10769-K and No. 91-12131-K

KEETON, District Judge.

Fedders Air Conditioning, USA, Inc. ("Fedders") filed Civil Action No. 92-10769-K on April 2, 1992, against the Federal Deposit Insurance Corporation ("FDIC"), in the capacities stated in the title, and against Fleet Bank of Massachusetts, N.A., challenging FDIC's decision to disallow...

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