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

Civil Action No. 17-36 (EGS).

308 F.Supp.3d 197 (2018)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, v. BANK OF AMERICA, N.A., Defendant.

United States District Court, District of Columbia.

Filed April 4, 2018.

Editors Note
Applicable Law: 12 U.S.C. § 1441
Cause: 12 U.S.C. § 1441 Financing Corporation
Nature of Suit: 890 Other Statutory Actions
Source: PACER

Attorney(s) appearing for the Case

Jon David Corey , Eric C. Lyttle , Jonathan Gordon Cooper , Ethan Charles Glass , Quinn Emanuel Urquhart & Sullivan, LLP, Washington, DC, for Plaintiff.

Gabrielle Levin , Gibson, Dunn & Crutcher, L.L.P., New York, NY, Jeffrey S. Rosenberg , Michael Robert Huston , Eugene Scalia , Gibson, Dunn & Crutcher, LLP, Washington, DC, for Defendant.

MEMORANDUM OPINION

I. Introduction

Every quarter, insured banking institutions make payments, known as "assessments," into the Deposit Insurance Fund ("Fund"), which insures depositors' accounts up to $250,000. Pursuant to the Federal Deposit Insurance Act...

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