Legal Opinion
Far West Federal Bank, S.B. v. Office of Thrift Supervision-Director
Court of Appeals for the Ninth Circuit
Decided July 10, 1997No. Nos. 92-35597, 92-36535PublishedCited by 10 opinions
1Opinion of the Court
TROTT, Circuit Judge:
OVERVIEW
In 1989, Congress passed the Financial Institutions Reform, Recovery, and Enforcement Act (“FIRREA”), Pub.L. No. 101-73, 103 Stat. 183 (1989), in part to resolve the widespread financial problems of federally-chartered thrift institutions. FIRREA established stricter capital requirements for thrifts and stricter limits on the amount a thrift may loan to a single borrower. These stricter regulations superseded an earlier agreement (the “Conversion Agreement”) by the Federal Home Loan Bank Board (“FHLBB”) to afford Far West Federal Bank (“Far West”) more lenient…
2Cases cited16 opinions
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- Library of Congress v. ShawSupreme Court of the United States · 1986
- Loeffler v. FrankSupreme Court of the United States · 1988
- Franchise Tax Board v. United States Postal ServiceSupreme Court of the United States · 1984
- United States of America, and Lummi Indian Tribe, Intervenor-Appellant v. State of WashingtonCourt of Appeals for the Ninth Circuit · 1992
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3Cited by10 opinions
- Castle v. United StatesCourt of Appeals for the Federal Circuit · 2002
- La Van v. United StatesCourt of Appeals for the Federal Circuit · 2004
- Castle v. United StatesCourt of Appeals for the Federal Circuit · 2002
- Glendale Federal Bank, FSB v. United StatesUnited States Court of Federal Claims · 1999
- Statesman Savings Holding Corp. v. United StatesUnited States Court of Federal Claims · 1998
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