CROWN BANK v. FEDERAL DEPOSIT INSURANCE CORPORATION

Civil Action No. 2:15-cv-3629-CCC-MF.

CROWN BANK, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its capacity as RECEIVER of FIRST BANKAMERICANO, and FEDERAL DEPOSIT INSURANCE CORPORATION in its corporate capacity, Defendants.

United States District Court, D. New Jersey.

June 19, 2017.

Editors Note
Applicable Law: 28 U.S.C. § 1331
Cause: 28 U.S.C. § 1331 Fed. Question: Breach of Contract
Nature of Suit: 190 Contract: Other
Source: PACER


Attorney(s) appearing for the Case

CROWN BANK, Plaintiff, represented by MICHAEL RATO, MCELROY DEUTSCH MULVANEY & CARPENTER LLP.

CROWN BANK, Plaintiff, represented by RIADH QUADIR, MCELROY DEUTSCH MULVANEY & CARPENTER LLP & WILLIAM T. WALSH, Jr., MCELROY DEUTSCH MULVANEY & CARPENTER LLP.

FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant, represented by CRAIG L. STEINFELD, SHERMAN WELLS SYLVESTER & STAMELMAN LLP, JULIAN W. WELLS, SHERMAN WELLS SYLVESTER & STAMELMAN LLP & DANIEL HAROLD KURTENBACH, FEDERAL DEPOSIT INSURANCE CORPORATION.

FEDERAL DEPOSIT INSURANCE CORPORATION, Counter Claimant, represented by CRAIG L. STEINFELD, SHERMAN WELLS SYLVESTER & STAMELMAN LLP & JULIAN W. WELLS, SHERMAN WELLS SYLVESTER & STAMELMAN LLP.

CROWN BANK, Counter Defendant, represented by MICHAEL RATO, MCELROY DEUTSCH MULVANEY & CARPENTER LLP & RIADH QUADIR, MCELROY DEUTSCH MULVANEY & CARPENTER LLP.

FEDERAL DEPOSIT INSURANCE CORPORATION, Counter Claimant, represented by CRAIG L. STEINFELD, SHERMAN WELLS SYLVESTER & STAMELMAN LLP & JULIAN W. WELLS, SHERMAN WELLS SYLVESTER & STAMELMAN LLP.

CROWN BANK, Counter Defendant, represented by MICHAEL RATO, MCELROY DEUTSCH MULVANEY & CARPENTER LLP & RIADH QUADIR, MCELROY DEUTSCH MULVANEY & CARPENTER LLP.


NOT FOR PUBLICATION

OPINION

I. INTRODUCTION

This matter comes before the Court on the motion of Defendant Federal Deposit Insurance Corporation ("FDIC") in its capacity as receiver ("FDIC-Receiver") for summary judgment pursuant to Federal Rule of...

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