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BETANCOURT v. F.D.I.C.

No. 92 Civ. 5657 (LBS).

851 F.Supp. 126 (1994)

Jose BETANCOURT, individually, and Lourdes Betancourt suing in the right of and on behalf of herself and all other shareholders of Renewal Arts Supply Corp., 76 Wadsworth Ave. Operating Corp., Renewal Arts Realty Corp., and Betancourt Realty Corp., Plaintiffs, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant.

United States District Court, S.D. New York.

April 27, 1994.

Attorney(s) appearing for the Case

Brian M. Limmer, Merrick, NY, for plaintiffs.

FDIC, New York Legal Services Office, New York City (Marc E. Wieman, of counsel), for defendant FDIC.

OPINION

SAND, District Judge.

Jose Betancourt, suing in his individual capacity, and Lourdes Betancourt, suing on behalf of herself and other stockholders of the named corporations, bring this action pursuant to 12 U.S.C. §§ 1819(a) and 1819(b)(1) & (2), 28 U.S.C. § 1345, 28 U.S.C. § 1332, as well as pursuant to the Court's ancillary jurisdiction with regard to FDIC v. Jose Betancourt and Renewal Arts Supply Corp. (No. 91-5287...

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