United States Ninth Circuit
GECCMC 2005-C1 Plummer Street Office L.P. v. JPMorgan Chase Bank, N.A., 10-56219
In a suit alleging breach of lease agreements that the defendant bank assumed after it purchased a failed bank's assets and liabilities from the FDIC pursuant to the terms of a written purchase and assumption agreement, the district court's grant of the bank's motion to dismiss is affirmed, where under federal common law, the plaintiff lacked standing to bring suit under the agreement because it was not an intended third-party beneficiary of the agreement.
Appellate Information
- Decided 02/01/2012
- Published 02/01/2012
Judges
- Goodwin
Court
- United States Ninth Circuit
Counsel
- For Appellant:
- Peder K. Batalden, Allyson N. Ho