Summary
At issue are claims of damages by the plaintiffs.
See Also
Savings Bank Wins a Few, Loses a few Under a Slough of Damages Theories
On Sept. 5, 2002, the court issued a liability opinion holding that the United States, through the enactment of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), had breached an express contract with Franklin Federal Savings Bank to treat its supervisory goodwill as a regulatory capital asset amortizable over 25 years.