Legal Opinion
Security Savings Bank v. Director, Office of Thrift Supervision
District Court, D. New Jersey
Decided July 28, 1992No. Civ. A. 91-2551PublishedCited by 3 opinions
1Opinion of the Court
OPINION
GERRY, Chief Judge.
This is a case born out of the infamous savings and loan crisis and the legislation passed by Congress in the late 1980’s in an attempt to avert it. The plaintiff is Security Savings Bank (“Security”), a relatively successful New Jersey savings and loan institution, which is suing the Office of Thrift Supervision (“OTS”), the federal regulatory agency charged with regulation of the savings and loan industry, and the Federal Deposit Insurance Corporation (“FDIC”), the agency responsible for insuring the accounts of depositors in thrift institutions, on what is…
2Cases cited31 opinions
- Califano v. SandersSupreme Court of the United States · 1977
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- Larson v. Domestic and Foreign Commerce Corp.Supreme Court of the United States · 1949
- Ruckelshaus v. Monsanto Co.Supreme Court of the United States · 1984
- Regional Rail Reorganization Act CasesSupreme Court of the United States · 1974
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