FDIC Appeal Tossed In Imperial Bankruptcy Suit

Law360, New York (October 30, 2012, 6:43 PM EDT) -- A California federal judge has dismissed an appeal from the Federal Deposit Insurance Corp., as the receiver for Imperial Capital Bancorp Inc., of a bankruptcy court's ruling allowing the unsecured creditors committee to investigate claims against the directors and officers of the bankrupt bank.

In an order filed Oct. 24, U.S. District Judge Cathy Ann Bencivengo dismissed the FDIC's appeal without prejudice after both parties in the dispute had jointly asked to end the appeal.

The FDIC and the committee of unsecured creditors said that under...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Imperial Capital Bancorp, Inc.


Case Number

3:09-bk-19431

Court

California Southern

Nature of Suit

Date Filed

December 18, 2009


Case Title

Federal Deposit Insurance Corporation v. Official Committee of Unsecured Creditors


Case Number

3:11-cv-02685

Court

California Southern

Nature of Suit

Bankruptcy Appeal (801)

Judge

Cathy Ann Bencivengo

Date Filed

November 15, 2011

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.