In Re: USA v. Fleet Bank of ME

CourtCourt of Appeals for the First Circuit
DecidedMay 5, 1994
Docket93-1766
StatusPublished

This text of In Re: USA v. Fleet Bank of ME (In Re: USA v. Fleet Bank of ME) is published on Counsel Stack Legal Research, covering Court of Appeals for the First Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In Re: USA v. Fleet Bank of ME, (1st Cir. 1994).

Opinion

United States Court of Appeals For the First Circuit

No. 93-1766

IN RE: UNITED STATES OF AMERICA, EX REL. S. PRAWER AND COMPANY, ET AL., Plaintiffs, Appellants,

v.

FLEET BANK OF MAINE, ET AL., Defendants, Appellees.

APPEAL FROM THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MAINE

[Hon. Gene Carter, U.S. District Judge]

Before

Breyer, Chief Judge,

Torruella and Stahl, Circuit Judges.

Jeffrey Bennett with whom Melinda J. Caterine and Herbert H.

Bennett & Assoc., P.A. were on brief for appellants.

James E. Kaplan with whom Derek P. Langhauser, James E. Kaplan &

Associates, P.A. and Julianne Cloutier were on brief for appellee Amy

Bierbaum. Thomas N. O'Connor with whom Donald L. Cabell and Hale and Dorr

were on brief for appellees Verrill & Dana, P. Benjamin Zuckerman and Anne M. Dufour. Joseph F. Shea with whom Paul R. Gupta and Nutter, McClennen &

Fish were on brief for appellee RECOLL Management Corporation.

John J. Wall, III with whom Thomas F. Monaghan and Monaghan,

Leahy, Hochadel & Libby were on brief for appellee Fleet Bank of

Maine. Frank W. Hunger, Assistant Attorney General, Jay P. McCloskey,

United States Attorney, and Douglas N. Letter and Jonathan R. Siegel,

Attorneys, Civil Division, Department of Justice, on brief for the United States, amicus curiae.

May 5, 1994

STAHL, Circuit Judge. This appeal arises out of STAHL, Circuit Judge.

the district court's sua sponte dismissal of a qui tam action

brought by plaintiffs-appellants S. Prawer & Company, Gilbert

Prawer, and Harvey Prawer (collectively "Prawer") as relators

under the False Claims Act ("FCA"), 31 U.S.C. 3729 et

seq.1 Plaintiffs primarily2 contend that the court erred

in concluding that 31 U.S.C. 3730(e)(3),3 a provision

enacted as part of the 1986 amendments to the qui tam

provisions of the FCA, bars their claim. The issue is one of

first impression, as no other court has as yet been called

upon to interpret the reach and meaning of this ambiguous

1. Because of the length of the statutory provisions relevant to this appeal, we have attached them in an appendix to our opinion.

2. Employing an extremely literal reading of 31 U.S.C. 3730(b)(1) (an action brought under the FCA "may be dismissed only if the court and the Attorney General give written consent to the dismissal and their reasons for consenting"), plaintiffs also argue that the court erred in proceeding sua

sponte and dismissing this action without the approval of the

Attorney General. Because, as will be discussed infra, we

believe the court erred in determining that this action was jurisdictionally barred, we need not and do not address the merits of this somewhat dubious assertion. See Fed. R. Civ.

P. 12(h)(3) ("Whenever it appears by suggestion of the parties or otherwise that the court lacks jurisdiction of the

subject matter, the court shall dismiss the action.")

(emphasis added).

3. Section 3730(e)(3) states: "In no event may a person bring [a qui tam action] which is based upon allegations or

transactions which are the subject of a civil suit or an administrative money penalty proceeding in which the government is already a party."

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provision. After careful consideration of the arguments

presented, we reverse.

I.

BACKGROUND

A. Relevant Factual and Procedural History

The relevant facts and allegations, recounted in

the light most favorable to plaintiffs, are as follows.4 In

January 1991, the Maine National Bank ("MNB") was declared

insolvent and the Federal Deposit Insurance Corporation

("FDIC") was appointed its receiver. The New Maine National

Bank ("NMNB") was established as a bridge bank through which

the FDIC would conduct certain MNB-related affairs.

On or about July 12, 1991, the NMNB closed, and the

FDIC sold virtually all of its assets to Fleet Bank of Maine

("Fleet"). The contract by which this transfer of assets was

effectuated is known as the "Assistance Agreement." Inter

alia, the Assistance Agreement provided that Fleet had the

right to "put," or cause the FDIC to repurchase, any NMNB

loans acquired by it pursuant to the Assistance Agreement

4. A few of the following facts and allegations appear only in plaintiffs' brief. Because they help shed light on the convoluted factual underpinnings of this litigation and have no effect on our resolution of the question before us, we have included them in our recitation of the case's background. Our inclusion of these facts and allegations should not, however, be construed either as an endorsement of their veracity or as an indication that they are well- pleaded.

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(provided that said loans did not fall into any one of

several exceptional categories described in the Assistance

Agreement). Included among the transferred assets were five

promissory notes, totalling approximately $1.1 million, given

by Prawer to the NMNB. The notes represented the amount

Prawer had drawn against a $2 million line of credit extended

to it by NMNB.

On July 15, 1991, Prawer entered into a new

agreement with Fleet for an unsecured line of credit (known

as the "Fleet Credit Facility") which permitted it to draw up

to $2 million by executing and/or renewing consecutive,

unsecured 90-day term notes on a note-by-note basis. Prawer

utilized this new line of credit from Fleet to satisfy fully

its obligations under each of the five outstanding NMNB

notes. By May 5, 1992, Prawer had drawn $1.6 million against

its $2 million line of credit under the Fleet Credit

Facility. These borrowings were evidenced by seven unsecured

90-day term notes.

Meanwhile, on April 30, 1992, Prawer sold virtually

all of its then-existing assets to C&S Wholesale Grocers,

Inc. ("C&S"). Gilbert Prawer informed Fleet of the sale on

May 1, 1992. On May 6, 1992, pursuant to the Assistance

Agreement, Fleet put certain Prawer notes back to the FDIC.

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The parties hotly contest, however, whether any of the notes

were "putable" under the terms of the Assistance Agreement.5

1. The Collection Case

Subsequently, in November 1992, the FDIC commenced

an action against Prawer, C&S, and a number of individual

defendants to collect upon the notes put back to it pursuant

to the Assistance Agreement. The complaint in that action

not only sought enforcement of the notes, but also alleged

that the April 30, 1992, sale of Prawer's assets to C&S

constituted a fraudulent conveyance and violated Maine's Bulk

Sale Act. More specifically, the FDIC contended that Prawer

had become insolvent, and had peddled its assets for less

than full value in order to satisfy its debts to certain

creditors. Accordingly, the complaint sought damages beyond

the amount allegedly outstanding on the notes.

Prawer responded to this complaint with several

affirmative defenses and counterclaims, as well as filing a

third-party complaint against Fleet and Recoll Management

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