Legal Opinion

American Land Title Ass'n v. Clarke

District Court, S.D. New York

Decided August 7, 1991No. 89 CIV. 6939 (MJL)Published

1Opinion of the Court

OPINION AND ORDER

LOWE, District Judge.

Before this Court is plaintiffs’ motion pursuant to Fed.R.Civ.P. 56 for summary judgment. Defendants cross-move for dismissal under Fed.R.Civ.P. 12(b)(6). For the reasons set forth below, defendants’ motion is granted and plaintiffs’ motion is denied.

BACKGROUND

The OCC is the federal agency charged with the supervision and regulation of national banks and the administration of the National Bank Act of 1864 (the “NBA”). 12 U.S.C. §§ 1 et seq. National banks are permitted to engage in their authorized activities through operating subsidiaries, and the…

2Cases cited9 opinions

  1. Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
  2. Arnold Tours, Inc. v. William B. Camp, Comptroller of the Currency of the United States, South Shore National BankCourt of Appeals for the First Circuit · 1972
  3. Independent Bankers Association of America v. John G. Heimann, Comptroller of the Currency of the United States Department of TreasuryCourt of Appeals for the D.C. Circuit · 1980
  4. Saxon v. Georgia Ass'n of Independent Insurance Agents, Inc.Court of Appeals for the Fifth Circuit · 1968
  5. American Insurance Association v. Robert L. Clarke, Comptroller of the CurrencyCourt of Appeals for the D.C. Circuit · 1989

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