Friday, March 08, 2013

DC Circuit -- MBIA Insurance Corporation v. FDIC

Contracts of institutions being managed by the FDIC are not necessarily approved by the FDIC (and therefore given priority in wind-up) by being merely countenanced by the FDIC.

MBIA Insurance Corporation v. FDIC
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.