VILLAGE OF OAKWOOD v. STATE BANK AND TRUST CO.

No. 3:07CV1736.

519 F.Supp.2d 730 (2007)

VILLAGE OF OAKWOOD, et. al., Plaintiff v. The STATE BANK AND TRUST COMPANY, Defendant, Third Party Plaintiff v. Federal Deposit Insurance Corporation, Third Party Defendant.

United States District Court, N.D. Ohio, Western Division.

October 22, 2007.


Attorney(s) appearing for the Case

John C. Deal, Winkler & Winkler, Columbus, OH, for Plaintiff.

James H. O'Doherty, Shumaker, Loop & Kendrick, Stephen A. Rothschild, Shumaker, Loop & Kendrick, Toledo, OH, for Defendant, Third Party Plaintiff.

Robert B. Truelson, FDIC Legal Division, Dallas, TX, for Defendant, Third Party Plaintiff and Third Party Defendant.

Larry L. Goodman, Federal Deposit Insurance Corporation, Washington, DC, for Third Party Defendant.


ORDER

JAMES G. CARR, Chief Judge.

This is a suit by former depositors (the uninsured depositors) of the Oakwood Deposit Bank Company (Oakwood Bank), a depository institution for which third party defendant the Federal Deposit Insurance Corporation (FDIC or the Corporation) served as receiver. In its capacity as receiver, the FDIC transferred certain assets from Oakwood Bank to the defendant State Bank and Trust Company (State Bank) via a purchase and assumption...

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