Legal Opinion

Security Savings and Loan v. Director, Office of Thrift Supervision, Etc., and Fdic, Etc.

Court of Appeals for the Fifth Circuit

Decided May 18, 1992No. 91-1570PublishedCited by 19 opinions

1Opinion of the Court

WIENER, Circuit Judge:

Once again, this court must tend to casualties of the savings and loan crisis. This time, the question is whether the United States Government agreed to permit Security Savings and Loan Association (Security) to treat certain items arising from supervisory mergers with several failing thrifts as regulatory capital, and, if it did, whether Congress intended to exempt such contractual rights from the rigorous new capital requirements enacted in the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). 1 In addition, we must decide whether Security…

2Cases cited4 opinions

  1. Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
  2. Hansen Savings Bank v. Office of Thrift SupervisionDistrict Court, D. New Jersey · 1991
  3. Far West Federal Bank, S.B. v. Director, Office of Thrift SupervisionCourt of Appeals for the Ninth Circuit · 1991
  4. Security Savings & Loan Ass'n v. Director, Office of Thrift SupervisionDistrict Court, S.D. Mississippi · 1991

3Cited by19 opinions

  1. United States v. Winstar Corp.Supreme Court of the United States · 1996
  2. McKell v. Washington Mutual, Inc.California Court of Appeal · 2006
  3. McKell v. Washington Mut., Inc.California Court of Appeal · 2006
  4. WASHINGTON MUTUAL BANK, FA v. Superior CourtCalifornia Court of Appeal · 2002
  5. Winstar Corp. v. United StatesCourt of Appeals for the Federal Circuit · 1993

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