Tagged: financial crisis

Starr Int’l Co., Inc. v. Fed. Reserve Bank of N.Y. 0

Starr Int’l Co., Inc. v. Fed. Reserve Bank of N.Y.

The appeal considered whether a breach of fiduciary duty cause of action could be brought against the Federal Reserve Bank of New York (“FRBNY”) over its rescue of American International Group, Inc. (“AIG”) during...

Hillside Metro Associates, LLC v. JPMorgan Chase Bank 0

Hillside Metro Associates, LLC v. JPMorgan Chase Bank

On September 25, 2008, the Office of Thrift Supervision appointed the Federal Deposit Insurance Corporation (“FDIC”) as Washington Mutual’s receiver, and the FDIC entered into a Purchase and Assumption Agreement (“PAA”) with JP Morgan...