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CITY OF NEW YORK v. F.D.I.C.

Nos. 97 Civ. 6351(DC), 97 Civ. 6878(DC), 97 Civ. 6879(DC), 97 Civ. 6880(DC).

40 F.Supp.2d 153 (1999)

THE CITY OF NEW YORK and the New York City Department of Finance, Plaintiffs, v. FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver for Freedom National Bank, Goldome Federal Savings Bank, American Savings Bank, and First New York Bank for Business, Defendant.

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

March 10, 1999.

Attorney(s) appearing for the Case

Michael D. Hess, Corporation Counsel of the City of New York by Frances J. Henn, David M. Steiner, New York City, for plaintiffs.

Nixon, Hargrave, Devans & Doyle LLP by Ealy A. Bennett, Carolyn G. Nussbaum, Constance M. Boland, Melynda G. Broomfield, New York City, for defendant.

MEMORANDUM DECISION

CHIN, District Judge.

In these four related cases, plaintiffs the City of New York and the New York City Department of Finance (together, the "City") challenge the disallowance of their claims for taxes allegedly owed by the Federal Deposit Insurance Company (the "FDIC"), as receiver for four failed banks — Freedom National Bank ("Freedom"), Goldome Federal Savings Bank ("Goldome"), American Savings Bank ("American"), and...

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