Legal Opinion
Biscayne Federal Savings & Loan Ass'n v. Pratt
District Court, District of Columbia
Decided October 8, 1986No. Civ. A. 85-3183PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION
SPORKIN, District Judge.
Plaintiffs Biscayne Federal Savings and Loan Association of Miami, Florida ('‘Biscayne”) and its principal shareholder, Kaufman & Broad (“K & B”), seek $30 million in damages from six high-level officials of the Federal Home Loan Bank Board (the “Board”) and the Federal Savings and Loan Insurance Corporation (the “FSLIC”). 1 On April 6, 1983, the Board, acting pursuant to its statutory authority under 12 U.S.C. Section 1464(d)(6)(A), appointed the FSLIC receiver for Biscayne, whose net worth had reached a negative $30 million. Shortly thereafter, the…
2Cases cited29 opinions
- Harlow v. FitzgeraldSupreme Court of the United States · 1982
- Wolff v. McDonnellSupreme Court of the United States · 1974
- Mitchell v. ForsythSupreme Court of the United States · 1985
- Davis v. SchererSupreme Court of the United States · 1984
- Wood v. StricklandSupreme Court of the United States · 1975
24 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Front Royal & Warren County Industrial Park Corp. v. Town of Front RoyalDistrict Court, W.D. Virginia · 1989
- SARATOGA S & L v. Federal Home Loan BankDistrict Court, N.D. California · 1989
- Gaubert v. GrayDistrict Court, District of Columbia · 1990