Court of Appeals for the First Circuit January 26, 2004, 02-16334 (John Acevedo v. First Union National Bank, a Foreign Banking Corporation)

GOODWIN, Circuit Judge:

Plaintiff John Acevedo appeals the district court’s ruling that he cannot hold defendant First Union National Bank (“First Union”) liable for cashier’s checks issued by a failed bank but included in the failed bank’s assets and liabilities accepted by First Union. Under 12 U.S.C.