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· 9/13/1989

Federal Deposit Insurance Corporation v. Former Officers And Directors Of Metropolitan Bank

Citations

  • 884 F.2d 1304
  • 1989 U.S. App. LEXIS 13639

How courts have described this case

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

  • discussing Cardinal and holding that “[t]he policy arguments are fairly evenly balanced and do not weigh strongly in favor of either side”
  • Where there is a substantial question as to whether breach of fiduciary claim sounds in tort or contract, court applies longer contract limitations period
  • “This circuit has held, however, that when there is a ‘substantial question’ which of two conflicting statutes of limitations to apply, the court should apply the longer.”
  • “To the extent that a statute is ambiguous in assigning a limitations period for a claim, we will interpret it in a light most favorable to the government.”

Source: CourtListener parenthetical corpus (CC0).

Read full opinion on CourtListener

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.