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FIRST BANK NAT. ASS'N v. F.D.I.C.

Civ. A. No. 94-2197.

885 F.Supp. 117 (1995)

FIRST BANK NATIONAL ASSOCIATION, Trustee v. FEDERAL DEPOSIT INSURANCE CORPORATION, Receiver for Meritor Savings Bank.

United States District Court, E.D. Pennsylvania.

April 20, 1995.

Attorney(s) appearing for the Case

Brian P. Flaherty, Wolf, Block, Schorr & Solis-Cohen, Philadelphia, PA, for plaintiff.

Veronica Winter-Saltz, Miles H. Shore, Saul, Ewing, Remick & Saul, Philadelphia, PA, for defendant.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

BARTLE, District Judge.

Plaintiff, First Bank National Association, Trustee ("First Bank"), brought this action for breach of contract against the defendant, the Federal Deposit Insurance Corporation ("FDIC"), pursuant to the Federal Deposit Insurance Act, 12 U.S.C. § 1811 et seq., as amended by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ("FIRREA"). First Bank alleges that...

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