Federal Deposit Insurance Corporation v. Citizens Bank & Trust Company of Park Ridge, Illinois

How courts have described this case

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

• holding that “sue-and-be-sued authority [of the FDIC] does not permit Suit outside [the Federal Tort-Claims Act] for torts excepted from the coverage of that Act.”
• “Liability for breach of a duty imposed by statute or case law and not by contract is in tort.”
• federal jurisdiction exists because FDIC was acting in corporate capacity as assignee of certain assets from FDIC as receiver
• FDIC acting in corporate capacity as assignee of certain assets from FDIC as receiver
• “[T]he waiver of immunity from tort liability of a federal agency or governmental corporation such as FDIC is defined in the Federal Tort Claims Act, and that sue-and-be-sued authority does not permit suit outside that Act for torts excepted from the coverage of that Act.”
• “[T]he waiver of immunity from tort liability of a federal agency or governmental corporation such as FDIC is defined in the Federal Tort Claims Act, and that sue-and-be-sued authority does not permit suit outside that Act for torts excepted from the coverage of that Act.”

Source: CourtListener parenthetical corpus (CC0).