Federal Deposit Insurance Corp. v. Bank of America National Trust and Savings Association
C09.40778; 701 F.2d 831 (1983)
-
- $0.99
-
- $0.99
Publisher Description
DUNIWAY, Circuit Judge: The Federal Deposit Insurance Corporation (FDIC) appeals from a summary judgment in favor of Bank of America, N.T. & S.A., in an action by FDIC to recover moneys deposited with Bank of America by Banco Credito y Ahorro Ponceno, a Puerto Rican Bank (Banco Credito) which became insolvent. Bank of America offset its liability for the deposits against the unpaid balance owed to it on a $5,000,000 subordinated capital note issued by Banco Credito. The trial court upheld the setoff. We reverse.
More Books by United States Court of Appeals for the Ninth Circuit
Bear Gulch Water Co. v. Commissioner
1941
Betsy Ross
1944
Republic Of Philippines V. Marcos
1988
Assiniboine and Sioux Tribes fort Peck Indian Reservation v. Board Oil and Gas Conservation State Montana
1986
Church of Scientology of California v. United States
1990
Anheuser-Busch Inc. V. Natural Beverage Distributors
1995