August 19, 2022
The Eleventh Circuit on Friday reinstated the Federal Deposit Insurance Corp.'s bid to collect $3 million in prejudgment interest stemming from $10 million it won in a prior coverage dispute with Lloyd's of London, reversing a ruling that the FDIC waited too long to demand that money.
January 15, 2021
The Federal Deposit Insurance Corp. urged the Eleventh Circuit to reverse a lower court's ruling that it cannot collect $3 million in prejudgment interest after prevailing in a $10 million coverage dispute against Lloyd's of London, saying the district court wrongly held that the interest request was untimely.