WOLLSCHLAGER v. FEDERAL DEPOSIT INSURANCE CORP.

No. 20-1536.

992 F.3d 574 (2021)

Daniel WOLLSCHLAGER, Plaintiff-Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant-Appellee.

United States Court of Appeals, Sixth Circuit.

Decided and Filed: March 31, 2021.


Attorney(s) appearing for the Case

ON BRIEF: Mark S. Demorest , DEMOREST LAW FIRM, PLLC, Royal Oak, Michigan, for Appellant. John W. Guarisco , FEDERAL DEPOSIT INSURANCE CORPORATION, Arlington, Virginia, for Appellee.

Before: SUHRHEINRICH, SILER, and SUTTON, Circuit Judges.


OPINION

The State Bank in Fenton, Michigan faced financial challenges during the 2008 Great Recession. It hired Daniel Wollschlager, a banking executive and lending officer, to steady the ship. As an enticement, the Bank's holding company offered to pay Wollschlager roughly two years' salary if the Bank fired him...

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