Untimely Administrative Claim Fatal To Suit Against FDIC, Judge Rules

Untimely Administrative Claim Fatal To Suit Against FDIC, Judge Rules

BLUEFIELD, W.Va. - A federal judge in West Virginia on Dec. 5 granted the motion of the Federal Deposit Insurance Corp., as the receiver of a failed bank, to dismiss a suit alleging that the bank was negligent in allowing an individual to withdraw money from a customer's safety deposit because the plaintiff did not make a timely administrative claim with the FDIC before filing the suit (Margerie Kramer, et al. v. Federal Deposit Insurance Corp., et al., No. 08-1430, S.D. W.Va.; 2013 U.S. Dist. LEXIS 171393).

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