US Coverage
Law360 | The Practice of Law
State Specific Coverage
Law360 Authority | Deep News & Analysis
UNITED STATES OF AMERICA v. FEDERAL DEPOSIT INSURANCE CORPORATION
Case Number:
1:25-cv-00690
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
-
June 30, 2026
FDIC, US Aiming to Settle $1.9M First Republic Tax Bill
The U.S. government and the Federal Deposit Insurance Corp. are working to settle the government's case against the agency in its role as receiver for the defunct First Republic Bank over taxes that the government alleges were owed by foreign individuals, a U.S. attorney said Tuesday.
-
March 10, 2025
Feds Sue FDIC For $1.9M For First Republic Tax Bill
The U.S. government sued the Federal Deposit Insurance Corp. in D.C. federal court as receiver for the failed First Republic Bank, alleging the bank understated its withholding tax for U.S.-sourced income of foreigners and now owes almost $2 million to the federal government.