Guaranty Financial Services, Inc. v. Ryan
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
COX, Circuit Judge:
This case is an appeal by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) of a preliminary injunction that, among other things, prevents the agencies from excluding an intangible asset called supervisory goodwill from the regulatory capital computation for Guaranty Federal Savings Bank. Because we hold that the district court mistakenly concluded that the plaintiffs had a substantial likelihood of success on the merits, we reverse.
I. BACKGROUND
Houston Federal Savings and Loan Association (Houston Federal) was a mutual *996savings and…
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