Source: http://www.constructionlawtoday.com/articles/fdic/
Timestamp: 2017-05-27 08:02:41
Document Index: 540294182

Matched Legal Cases: ['§ 1823', '§1823', '§1823', '§1787', '§1823', '§13']

FDIC & Bank Failures | Construction Law Today
Category Archives: FDIC & Bank Failures Subscribe to FDIC & Bank Failures RSS Feed No Setoff for FDIC Contract Repudiation Damages Under Placida v. FDIC By
Posted in California, Construction Finance and Insolvency, FDIC & Bank Failures, States Jurors awarded this $169M verdict (PDF) against three former IndyMac Bank executives for originating dubious construction and development loans. It happened last Friday in Los Angeles at the US District Court for the Central District of California. $169M Verdict Against Former Indyac Bank Executives In their original complaint (PDF), the FDIC alleged: That the former… Continue Reading
Posted in FDIC & Bank Failures The recent trouble surrounding banks in Greece got NPR’s Planet Money team to produce piece on how to stop a bank run. There’s 3 traditional tools. To learn about them we have to go back to the bank failures in the Great Depression and before. The story starts at this laundromat, once the Bronx branch… Continue Reading
Posted in D'Oench, Duhme, FDIC & Bank Failures Federal court decides that the subsidiary of a failed bank, not the receiver for the failed bank itself, may also use the D’Oench, Duhme doctrine and 12 USC § 1823(e) to stop borrower and developer claims fostered by a construction loan gone bad–SJ Properties Suites v. Specialty Finance Group, LLC
How Does D’Oench, Duhme Affect Joint Venture and Partnership Agreements: ORL, LLC v. Hancock Bank By
Posted in D'Oench, Duhme, FDIC & Bank Failures Joint venture and partnership agreements may be unenforceable against a failed banks and its successors if the the agreement is not written and otherwise doesn’t comply with D’Oench, Duhme and 12 U.S.C. §1823(e)
Does D’Oench, Duhme Apply to Employment Contract Claims: Ortiz-Hernandez v. Westernbank of Puerto Rico By
Joshua Glazov on April 11, 2011
Posted in D'Oench, Duhme, FDIC & Bank Failures How the D’Oench, Duhme doctrine and 12 USC §1823(e) denied enforcement of the Christmas bonus agreement of a failed bank employee
How Does D’Oench, Duhme Apply to Failed Credit Unions: Campbell v. Castle Stone Homes By
Joshua Glazov on March 22, 2011
Posted in D'Oench, Duhme, FDIC & Bank Failures Like failed banks, the D’Oench, Duhme doctrine applies to claims against the National Credit Union Administration Board (“NCUAB”) acting as liquidator for a failed credit union. And D’Oench, Duhme has a statutory companion for failed credit unions in the Federal Credit Union Act too: 12 U.S.C. §1787(p)(2). A federal court in Utah recently used the D’Oench, Duhme doctrine… Continue Reading
FDIC Sues Georgia Lawyers For Professional Malpractice in Closing Development Loans By
Joshua Glazov on February 10, 2011
Posted in Construction Finance and Insolvency, FDIC & Bank Failures FDIC sues failed bank’s former lawyers for professional malpractice in the closing of acquisition and development loans
D’Oench, Duhme Active in California By
Joshua Glazov on February 9, 2011
Posted in California, D'Oench, Duhme, FDIC & Bank Failures In California the D’Oench, Duhme doctrine stops contract reformation on loan documents
How Does D’Oench, Duhme Affect Fraud Claims By
Joshua Glazov on December 21, 2010
Posted in Construction Finance and Insolvency, D'Oench, Duhme, FDIC & Bank Failures The D’Oench, Duhme doctrine’s statutory companion 12 U.S.C. §1823(e) bars guarantors’ fraud defenses and claims against the FDIC and later assignee of loan from a failed bank
FDIC Sues Former Heritage Community Bankers in Chicago By
Joshua Glazov on November 8, 2010
Posted in FDIC & Bank Failures FDIC sues Heritage Community Bank’s former Chairman and CEO, along with ten other former officers and directors, for gross negligence and breach of fiduciary duties that allegedly led to the bank’s failure in 2009
Can You Sue the FDIC for Wrongful Contract Repudiation By
Joshua Glazov on August 3, 2010
Posted in FDIC & Bank Failures More on FDIC contract repudiation and whether counterparties on the receiving end of repudiation can sue for wrongful repudiation
FDIC’s First Failed Bank Officer and Director Liability Lawsuits of the Great Recession By
Joshua Glazov on July 12, 2010
Posted in Construction Finance and Insolvency, FDIC & Bank Failures FDIC sues former IndyMac officers and directors for bank mismanagement
How an FDIC Loss-Sharing Agreement Really Works – With Video By
Joshua Glazov on July 1, 2010
Posted in Construction Finance and Insolvency, FDIC & Bank Failures How FDIC Loss-Sharing Agreements: a video overview and articles that go into more technical detail
When the FDIC Takes Over a Failed Bank: Business Pitfalls and Opportunities By
Joshua Glazov on May 13, 2010
Posted in Construction Finance and Insolvency, D'Oench, Duhme, FDIC & Bank Failures Article about how the FDIC takeover of a bank affects borrowers, customers, asset purchasers, and others
FDIC Removal to Federal Court By
Joshua Glazov on May 10, 2010
Posted in D'Oench, Duhme, FDIC & Bank Failures, Mechanics Liens Federal Statutes that let the FDIC move pending cases from state to federal courts
FDIC: Interview of Chairwoman Sheila Bair By
Joshua Glazov on April 23, 2010
Posted in Construction Finance and Insolvency, FDIC & Bank Failures FDIC Chairwoman Sheila Bair appeared for an interview on CNBC today. Press play below to tune-in to her remarks on: Increased lending activity The financial regulatory reform bill pending in Congress The pace of bank failures and when they’ll peak Resumption of scuitizations
D’Oench, Duhme Doctrine Recap, Wrap Up and Ways To Avoid Trouble By
Joshua Glazov on December 16, 2009
Posted in Construction Finance and Insolvency, D'Oench, Duhme, FDIC & Bank Failures Recapping the rule of D’Oench, Duhme, why have the rule, and how to stay out of its way
The FDIC’s D’Oench, Duhme Use Restriction Policy By
Joshua Glazov on December 6, 2009
Posted in Construction Finance and Insolvency, D'Oench, Duhme, FDIC & Bank Failures The FDIC’s 1997 policy tempering their use of the D’Oench, Duhme doctrine and Section 13(e) of the Federal Deposit Insurance Act
Fortifying Your Work-Out Against Future Bank Failure Presentation By
Joshua Glazov on December 2, 2009
Posted in Construction Finance and Insolvency, D'Oench, Duhme, Events, Presentations, and Webinars, FDIC & Bank Failures Presentation on D’Oench, Duhme and Federal Deposit Insurance Act §13(e) to Chicago’s South Side Business Association – handouts Included
Friday Night Lights: Inside an FDIC Bank Takeover With 60 Minutes By
Joshua Glazov on November 25, 2009
Posted in FDIC & Bank Failures, Illinois, States 60 Minutes segment going inside the FDIC’s takeover and resolution of Chicago’s Heritage Community Bank and purchase by MB Financial
Federal Holder In Due Course Rule for FDIC Loan Collections and Loan Sales By
Joshua Glazov on November 23, 2009
Posted in Construction Finance and Insolvency, D'Oench, Duhme, FDIC & Bank Failures The Federal Holder In Due Course Rule: the FDIC, and those who buy loans from them, become holders in due course of loans where others aren’t