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Home / Opinion Digests / Claim Against Bank in Receivership Dismissed (access required)

Claim Against Bank in Receivership Dismissed (access required)

Although plaintiff had a pending claim against the Bank of the Commonwealth when it went into receivership under the Federal Deposit Insurance Corporation, plaintiff has not further pursued the claim beyond filing proof of claim with the FDIC as required under the Financial Institutions Reform, Recovery and Enforcement Act, and the Norfolk U.S. District Court ...