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LAWSON v. FLEET BANK OF MAINE

Civ. Nos. 92-123-P-C, 92-73-P-C.

807 F.Supp. 136 (1992)

Mary LAWSON and Matt Lawson, Plaintiffs, v. FLEET BANK OF MAINE, Defendant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Third Party Defendant. Mary LAWSON and Matt Lawson, Plaintiffs, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant.

United States District Court, D. Maine.

November 3, 1992.

Attorney(s) appearing for the Case

Barbara Appleby, Rufus Brown, Drummond, Woodsum, Plimpton & MacMahon, Portland, ME, for F.D.I.C.

William Robitzek, Berman & Simmons, Lewiston, ME, Raymond Fylstra, Joyce & Kubasiak, Chicago, IL, for Lawson.

Ben Zuckerman, Verrill & Dana, Portland, ME, for Fleet Bank.

MEMORANDUM AND ORDER GRANTING DEFENDANTS' MOTIONS TO DISMISS AND FOR SUMMARY JUDGMENT

GENE CARTER, Chief Judge.

Plaintiffs in these consolidated actions are holders of certificates of deposit (CDs) issued by Maine Savings Bank. Maine Savings Bank failed shortly after Plaintiffs purchased their CDs, and the Federal Deposit Insurance Corporation (FDIC) was named receiver on February 1, 1991. On the same date Maine...

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