Sinclair v. United States

OPINION

MILLER, Judge.

This case comes for decision on defendant’s motion for summary judgment. Plaintiff lender argues that the Government breached its contract with him. Having not disapproved his acquisition of a small national bank, plaintiff contends that the Government agreed to his proceeding with a business plan to offer sub-prime loans. Defendant rejects the proposition that a contract was formed, denying that a meeting of the minds occurred. It is defendant’s position that the regulatory activities to which plaintiffs banking activities were subject do not satisfy the prerequisites…