Landry v. Federal Deposit Insurance Corporation

How courts have described this case

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

• stating that the principles expressed by the business judgment rule applied with equal force to derivative actions by depositors of a bank under the control of a receiver
• court entitled to take judicial notice of complaint filed after district court rendered a decision
• court entitled to take judicial notice of complaint filed after district court rendered a decision
• bank shareholders do not have standing to bring derivative action against bank officers for misuse of funds in violation of, inter alia, National Bank Act, in absence of showing of demand on FDIC as bank receiver to bring suit
• section 10(b) and Rule 10b-5 of the ’34 Act
• question of recovery under Rule 405 reserved

Source: CourtListener parenthetical corpus (CC0).