Legal Opinion

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

District Court, District of Columbia

Decided March 5, 2013No. Civil Action No. 2011-0408Published

1Opinion of the Court

MEMORANDUM OPINION

AMY BERMAN JACKSON, District Judge.

The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) grants the Director of the Office of Thrift Supervision (“OTS” or “the agency”) “exclusive power and jurisdiction” to appoint a receiver or conservator for a savings association “if the Director determines, in the Director’s discretion, that 1 or more of the grounds specified in section 1821(c)(5) of this title exists.” 12 U.S.C. § 1464(d)(2)(A)-(B) (2006) (amended July 21, 2011). Although the agency’s decision to appoint a receiver is highly discretionary,…

2Cases cited26 opinions

Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
Motor Vehicle Mfrs. Assn. of United States, Inc. v. State Farm Mut. Automobile Ins. Co.Supreme Court of the United States · 1983
Citizens to Preserve Overton Park, Inc. v. VolpeSupreme Court of the United States · 1971
Califano v. SandersSupreme Court of the United States · 1977

21 more not listed; retrieve them via the Exa API.