Legal Opinion

Bender v. Jordan

District Court, District of Columbia

Decided July 21, 2006No. Civil Action 06-92(RMC)PublishedCited by 9 opinions

1Opinion of the Court

MEMORANDUM OPINION

COLLYER, District Judge.

Morton A. Bender and a majority of the Board of Directors of Independence Federal Savings Bank (“IFSB” or “Bank”) are opposing contestants for control of the future direction of the Bank. The Bank was labeled a “troubled” institution by the Office of Thrift Supervision (“OTS”) in 2003 and has never shed that label. Together with his wife, Mr. Bender owns 21% of the Bank’s outstanding stock. He has been an active and vociferous critic of the Bank’s management since 2003 and has tried, with varying degrees of success, to change its direction by voting…

2Cases cited45 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Cort v. AshSupreme Court of the United States · 1975
  3. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  4. Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
  5. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970

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3Cited by9 opinions

  1. Bender v. JordanCourt of Appeals for the D.C. Circuit · 2010
  2. United States Securities & Exchange Commission v. BrownDistrict Court, District of Columbia · 2010
  3. Bender v. JordanDistrict Court, District of Columbia · 2007
  4. Bender v. JordanDistrict Court, District of Columbia · 2008
  5. Bender v. JordanDistrict Court, District of Columbia · 2010

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