Sandra Kay Battista 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.

• noting that “[r]epudiation gives rise to an ordinary contract claim for damages” and finding that such damages are not entitled to the same priority as administrative claims
• considering whether parties to a repudiated contract were entitled to payment in cash rather than receiver’s certificates
• “There is no question that the FDIC may pay creditors with receiver’s certificates instead of with cash.”

Source: CourtListener parenthetical corpus (CC0).