Dr. Ben Branch, Trustee of Bank of New England Corporation, Derivatively and on Behalf and in the Name of Maine National Bank v. United States

U.S. Court of Appeals, Federal Circuit · Decided 1996-02-07

Cited by 105 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

BRYSON, Circuit Judge. This case presents a question of first impression for this court: whether the federal government violated the Takings Clause of the Fifth Amendment when it seized the assets of a bank to offset losses resulting from the failure of another bank owned by the same bank holding company. The Court of Federal Claims held that the seizure of the bank’s assets c…

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