Marshall & Ilsley Corporation v. John G. Heimann, Comptroller of the Currency of the United States

SPRECHER, Circuit Judge.

This case arises out of the purchase of assets and assumption of liabilities of the Midland National Bank (“Midland”) in Milwaukee, Wisconsin by defendant First Bank (N.A.) of LaCrosse, Wisconsin (“First Bank”) and the establishment by First Bank of a new branch bank at the office formerly operated by Midland. These transactions were approved by the Comptroller of the Currency of the United States. Plaintiffs, three Milwaukee banks and the bank holding companies that own them, filed this action against the Comptroller, First Bank, and First Bank System, Inc., the…