Motion To Dismiss Granted In FDIC Receivership Suit Arising From Appraisal

Motion To Dismiss Granted In FDIC Receivership Suit Arising From Appraisal

LAS VEGAS - A federal judge in Nevada on April 4 granted a defendant's motion to dismiss a suit in which the Federal Deposit Insurance Co., as receiver for the failed IndyMac Bank F.S.B., brought breach of contract, negligent misrepresentation and state law claims arising from the appraisal of a property that secured a loan (Federal Deposit Insurance Company v. Simon, et al., No. 11-01001, D. Nev.; 2012 U.S. Dist. LEXIS 47407).

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