Security Savings & Loan Ass'n v. United States

OPINION

LOREN A. SMITH, Chief Judge.

This matter is before the court following an emergency oral argument held September 9, 1992. Plaintiff, Security Savings and Loan Association (“Security”), seeks a temporary restraining order (“TRO”) or preliminary injunction to enjoin the United States from taking any action to interfere *1002with the operations or control of Security or its subsidiaries. Counsel for plaintiff informed the court at oral argument that he has reason to believe that there is a high likelihood that plaintiff will be taken over by the Office of Thrift Supervision (“OTS”), and the…