Auction Company of America v. Federal Deposit Insurance Corporation, as Manager of the Fslic Resolution Trust Fund

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that § 1821 [d][13][D][ii] grants the FDIC immunity only from claims that can be brought through the administrative processes of § 1821 [d]
• noting that, if the FDIC could take property without due process, serious constitutional problems would be presented
• acknowledging that “rejection of an executory contract . . . is treated as [a] breach”
• holding a suit against the FDIC was a suit against the United States for purposes of jurisdiction and sovereign immunity where the FDIC “did not act as receiver for any particular depository”
• holding a suit against the FDIC was a suit against the United States for purposes of jurisdiction and sovereign immunity where the FDIC “did not act as receiver for any particular depository”
• holding a suit against the FDIC was a suit against the United States for purposes of jurisdiction and sovereign immunity where the FDIC “did not act as receiver for any particular depository”

Source: CourtListener parenthetical corpus (CC0).