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KRAUSS v. FEDERAL DEPOSIT INS. CORP.

No. 87 Civ. 5585 (RWS).

769 F.Supp. 519 (1991)

Melvyn KRAUSS, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver of First City National Bank and Trust Company, formerly known as First City Federal Savings Bank, Defendant, and Joint Venture Asset Acquisition, Intervenor Complainant.

United States District Court, S.D. New York.

July 15, 1991.

Attorney(s) appearing for the Case

Gary J. Langer, New York City, for plaintiff.

Bizar Shustak Martin & Schneider, New York City (Gayle S. Sanders, of counsel), for defendant.

Lawrence S. Berkowitz, New York City, for Intervenor Complainant.

OPINION

SWEET, District Judge.

Defendant Federal Deposit Insurance Corporation ("FDIC") and intervenor Joint Venture Asset Acquisition ("JVAA") have each moved for summary judgment dismissing the claims of plaintiff Melvyn Krauss ("Krauss") and upholding their claims against Krauss. JVAA has also moved in the alternative for permission to amend its claims against Krauss and to assert a cross-claim for indemnity...

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