District Court, D. Minnesota July 14, 2015, No. 15cv434 (PAM/JJK) (Federal Deposit Insurance v. Milbauer)

MEMORANDUM AND ORDER

PAUL A. MAGNUSON, District Judge.

This matter is before the Court on Defendants’ Motion to Dismiss and Motion for In Camera Review. For the reasons that follow, the Motions are denied.

BACKGROUND

Patriot Bank was founded in 1998 in Lino Lakes, Minnesota, as Lino Lakes State Bank. By 2011, the Bank had three branches and was headquartered in Forest Lake, Minnesota.