Matter of Federal Deposit Ins. Corp.

How courts have described this case

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

• “[I]t is clear that Congress manifested an intent to permit a claimant to continue an action on a claim instituted against an insolvent bank before appointment of the FDIC as receiver for that bank only after the claimant has exhausted the administrative claim review procedure.”
• concurrent pursuit of action and administrative review
• court concluded that partial stays “lead to wasteful piecemeal litigation” and entered a blanket order that “in any case in which a claimant’s claim against the FDIC has been stayed, for the duration of that stay, all affirmative claims in that case of the [FDIC] will likewise be stayed.”

Source: CourtListener parenthetical corpus (CC0).