United Western Bank v. Office of the Comptroller of the Currency

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA ____________________________________ ) UNITED WESTERN BANK, et al., ) ) Plaintiffs, ) ) v. ) Civil Action No. 11-0408 (ABJ) ) OFFICE OF THRIFT SUPERVISION, ) et al., ) ) Defendants. ) ____________________________________) MEMORANDUM OPINION The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”), 12 U.S.C. § 1461, et. seq., accords the Director of the Office of Thrift Supervision (“OTS”) broad powers to regulate federally insured savings associations, including the power to appoint a receiver or conservator…