Andrews' Bank & Lender Liability Litigation Reporter
August 8, 2002
Copyright (c) 2002 Andrews Publications
COURT TOSSES OUT FAILED-BANK CLAIMS OF INVESTORS AND FDIC
FDIC v. United States
Ruling that investors in a failed thrift do not have privity of contract with the government, the Court of Federal Claims has ruled in favor of the United States in a Winstar suit. The court also dismissed claims raised by the FDIC because it did not...