United States Seventh Circuit
Bunn v. FDIC, 18‐1907
Held that the receiver for a failed bank, the Federal Deposit Insurance Corporation, did not have to honor a benefits agreement with a bank executive, because the benefit he sought was a golden-parachute payment prohibited by federal law. Affirmed summary judgment for the FDIC.
Appellate Information
- Published 2018/11/08
Judges
- Flaum
Court
- United States Seventh Circuit