BUNN v. F.D.I.C. FOR VALLEY BANK ILLINOIS

No. 18-1907.

908 F.3d 290 (2018)

James R. BUNN, Plaintiff-Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver FOR VALLEY BANK ILLINOIS, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided November 8, 2018.


Attorney(s) appearing for the Case

Stephen T. Fieweger, Esq. , Attorney, STEPHEN T. FIEWEGER, P.C., Davenport, IA, Jack A. Schwartz , Attorney, Rock Island, IL, James R. Bunn, Pro Se, for Plaintiff-Appellant.

John W. Guarisco , Attorney, FEDERAL DEPOSIT INSURANCE CORPORATION, Legal Division, Appellate Litigation Unit, Arlington, VA, Antony S. Burt , Attorney, SCHIFF HARDIN LLP, Chicago, IL, for Defendant-Appellee.

Before Flaum, Easterbrook, and Brennan, Circuit Judges.


After its appointment as receiver for Valley Bank Illinois ("Valley Bank"), the Federal Deposit Insurance Corporation ("FDIC") disaffirmed a benefits agreement between Valley Bank and James Bunn, a bank executive. Bunn sued the FDIC to recover a "change of control termination benefit" he claims he is entitled to receive pursuant...

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