Merrick, J.
The plaintiff commenced this contract action in the Superior Court Department in 1986 against University Bank & Trust Co. ("the Bank") for services rendered as president of the Bank. On May 31, 1991, the Bank was declared insolvent and closed, and the Federal Deposit Insurance Corporation ("the FDIC") was thereafter appointed as the Bank's Receiver. 12 U.S.C. §1821(c) (2) (A) (ii).
On April 14, 1992, the FDIC filed a motion, to which the...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
