1. Home
  2. Browse Decisions
  3. F.3d
  4. 778 F.3d
  5. 778 F.3d 1133 (2015)
 

BANK OF MANHATTAN, N.A. v. F.D.I.C.

No. 12-56737.

778 F.3d 1133 (2015)

BANK OF MANHATTAN, N.A., Plaintiff-Appellee, v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its capacity as Receiver for First Heritage Bank, N.A., Defendant-Appellant.

United States Court of Appeals, Ninth Circuit.

Filed March 4, 2015.

Attorney(s) appearing for the Case

J. Scott Watson , Federal Deposit Insurance Corporation, Arlington, VA, argued the cause on behalf of Defendant-Appellant. Minodora D. Vancea , Federal Deposit Insurance Corporation, Arlington, VA, filed the opening and reply briefs. With her on the opening brief were Watson, Colleen J. Boles , and Lawrence H. Richmond , Federal Deposit Insurance Corporation, Arlington, VA. With her on the reply brief were Boles, Watson, and Kathryn R. Norcross , Federal Deposit Insurance Corporation, Arlington, VA.

Richard W. Esterkin , Morgan, Lewis & Bockius LLP, Los Angeles, CA, argued the cause and filed the brief on behalf of Plaintiff-Appellee.

Opinion by Judge O'Scannlain; Dissent by Judge Rawlinson.

OPINION

We must decide whether the Federal Deposit Insurance Corporation, in its role of receiver of a closed bank, may breach underlying asset contractual obligations without consequence.

I

A

In December 2007, Professional Business Bank...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases