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SUZAN TANTLEFF TRUSTS v. F.D.I.C.

Civ. No. 95-1220 (TFH).

938 F.Supp. 14 (1996)

SUZAN TANTLEFF TRUSTS, et al., Plaintiffs, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant.

United States District Court, District of Columbia.

July 12, 1996.

Attorney(s) appearing for the Case

Stephen F. Owens, Jr., Falls Church, VA, for Plaintiffs.

Thomas Holtzman, FDIC — Legal Division, Washington, DC, for Defendant.

MEMORANDUM OPINION

THOMAS F. HOGAN, District Judge.

In this action, the plaintiffs seek a judicial determination that they are owed additional deposit insurance coverage for trust assets lost when a federally insured bank was placed in receivership. Having carefully reviewed the parties' cross-motions for summary judgment, the Court will deny the plaintiffs' motion and grant the defendant's motion.

I. BACKGROUND

The plaintiffs, trustees...

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