Legal Opinion
Board of Governors of the Federal Reserve System v. First Lincolnwood Corp.
Supreme Court of the United States
Decided December 11, 1978No. 77-832PublishedCited by 87 opinions
1Opinion of the CourtJustice Marshall
Section 3 (a) of the Bank Holding Company Act of 1956, 12 U. S. C. § 1842 (a), prohibits any company from acquiring control of a bank without prior approval by the Board of Governors of the Federal Reserve System (Board).1 Under §3 *236(c)(1) of the Act, 12 U. S. C. § 1842 (c)(1), the Board may not approve a transaction that would create a monopoly or further an attempt to monopolize the business of banking. In addition, it must disapprove a transaction that would generate anticompetitive effects not clearly outweighed by beneficial effects upon the bank’s ability to serve the community. § 1842…
2Cases cited14 opinions
- Richardson v. PeralesSupreme Court of the United States · 1971
- Consolidated Edison Co. v. National Labor Relations BoardSupreme Court of the United States · 1938
- Udall v. TallmanSupreme Court of the United States · 1965
- Consolo v. Federal Maritime CommissionSupreme Court of the United States · 1966
- Red Lion Broadcasting Co. v. Federal Communications CommissionSupreme Court of the United States · 1969
9 more not listed; retrieve them via the Exa API.
3Cited by87 opinions
- Kirk v. Secretary of Health and Human ServicesCourt of Appeals for the Sixth Circuit · 1981
- Lewis v. BT Investment Managers, Inc.Supreme Court of the United States · 1980
- United States v. RutherfordSupreme Court of the United States · 1979
- Environmental Defense Fund, Inc. v. Douglas M. Costle, as Administrator, U. S. Environmental Protection AgencyCourt of Appeals for the D.C. Circuit · 1981
- Natural Resources Defense Council, Inc. v. Securities and Exchange CommissionCourt of Appeals for the D.C. Circuit · 1979
82 more not listed; retrieve them via the Exa API.