FEDERAL DEPOSIT INSURANCE CORP., Plaintiff,
v.
JAMES MICHAEL JACOBS, et al., Defendants.
United States District Court, D. Nevada.https://leagle.com/images/logo.png
November 5, 2014.
November 5, 2014.
Attorney(s) appearing for the Case
Federal Deposit Insurance Corporation, as Receiver for Carson River Community Bank, Plaintiff, represented by Andrew R Evans , Sprouse Shrader Smith, P.C., Michael Chase Hales , Sprouse Shrader Smith, P.C., Gregory F Wilson , Gregory F. Wilson & Associates PC & Joel R. Hogue , Sprouse Shrader Smith, P.C..
This case arises out of the failure of a bank due to alleged malfeasance by its directors and officers in approving bad loans. Pending before the Court is a Motion for Summary Judgment (ECF No. 153). For the reasons given herein, the Court denies the motion.
I. FACTS AND PROCEDURAL HISTORY
On February 26, 2010, the Financial Institutions Division of the Nevada Department of Business and Industry revoked...
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