Wells Fargo Bank, N.A. v. Federal Deposit Insurance
Court of Appeals for the D.C. Circuit
1Opinion of the Court
Opinion for the Court filed by Circuit Judge TATEL.
TATEL, Circuit Judge:
In this case, we must decide whether Federal Deposit Insurance Act requirements applicable to banks that acquire savings associations continue to apply when such banks are in turn acquired by other banks. The Federal Deposit Insurance Corporation, which is charged with enforcement of the statute, concluded that these “second generation” transactions are subject to the Act’s restrictions. The district court agreed. Because we find the statute ambiguous on this issue and the FDIC’s interpretation consistent with…
2Cases cited9 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Skidmore v. Swift & Co.Supreme Court of the United States · 1944
- United States v. Mead Corp.Supreme Court of the United States · 2001
- National Rifle Ass'n of America, Inc. v. RenoCourt of Appeals for the D.C. Circuit · 2000
- SBC Communications Inc. v. Federal Communications CommissionCourt of Appeals for the D.C. Circuit · 1998
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- Consum Elec Assn v. FCCCourt of Appeals for the D.C. Circuit · 2003
- Bank of New York v. Federal Deposit InsuranceDistrict Court, District of Columbia · 2006
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