Labels:book | reckoner | sky OCR: The court Of appeals affirmed the jury verdict. The court rejected arguments by FDIC that the trial court lacked authority award damages against federal agency undei Bivens, and that FSLIC had not violated Mever constitutional rights court appeals ruled that the sue -and- -be sued clause found in FSLIC's organic legislation constitu- ted general waivet sovereign immunity. Pet The court acknowledged that the sue -and -be- -sued clause would not provide waiver of savereign imru nity if Meyer claim were "cognizable" under U.S 1346(b) the main jurisdictional provision the Federal Tort Clairms Act {FTCA} 28 U.S.C 2679 How ever the court noted that Section 1346(b) only and waives sovereign immunity for governmentat wrongs "under circumstances where the United States, private persor, would be lia ...
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