Narrative Opinion Summary
Appellants Anthony Maniscalco and Michael Lea, part of a class action initiated by Jack Cohen and others against the Resolution Trust Corporation (RTC) as receiver for Imperial Savings Association, filed a motion to dismiss their appeals, which included petitions for rehearing. The court granted the motion based on a stipulation from the parties. In accordance with the precedent set in Blair v. Shanahan, the previous opinion of the court was vacated, and the case was remanded to the district court for further proceedings consistent with that ruling. The appeal was formally dismissed, and the opinion was vacated.
Legal Issues Addressed
Formal Dismissal of Appealsubscribe to see similar legal issues
Application: The appeal was formally dismissed as a result of the parties' stipulation and the granting of the motion to dismiss.
Reasoning: The appeal was formally dismissed, and the opinion was vacated.
Motion to Dismiss Appealssubscribe to see similar legal issues
Application: The appellants filed a motion to dismiss their own appeals, which included petitions for rehearing, and the court granted this motion based on a stipulation from the parties.
Reasoning: Appellants Anthony Maniscalco and Michael Lea, part of a class action initiated by Jack Cohen and others against the Resolution Trust Corporation (RTC) as receiver for Imperial Savings Association, filed a motion to dismiss their appeals, which included petitions for rehearing. The court granted the motion based on a stipulation from the parties.
Remand for Further Proceedingssubscribe to see similar legal issues
Application: Following the vacatur of the previous opinion, the case was remanded to the district court for further proceedings, ensuring that the matter would be reconsidered in light of the new developments.
Reasoning: The previous opinion of the court was vacated, and the case was remanded to the district court for further proceedings consistent with that ruling.
Vacatur of Previous Court Opinionsubscribe to see similar legal issues
Application: The court vacated its previous opinion in accordance with a precedent, thereby nullifying the prior ruling in light of the stipulation for dismissal.
Reasoning: In accordance with the precedent set in Blair v. Shanahan, the previous opinion of the court was vacated, and the case was remanded to the district court for further proceedings consistent with that ruling.