Legal Opinion
Central W. Rental Co. v. Horizon Leasing, a Division of Horizon Financial, F.A.
District Court, E.D. Pennsylvania
Decided June 11, 1990No. Civ. A. 90-3511PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
BUCKWALTER, Emergency Judge. *
On May 25, 1990, plaintiff appeared before this court seeking a Temporary Restraining Order (“TRO”). The defendant, the F.D.I.C., exclusive manager of the Resolution Trust Corporation, as conservator for Horizon Financial, F.A. (“Horizon”) opposed the granting of the TRO on essentially two grounds, which form the issues to be decided.
They are:
1. Is this court statutorily prohibited from granting injunctive relief by the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (“FIRREA”) § 212 (12 U.S.C. § 1821(j), as amended)?
2. Has…
2Cases cited3 opinions
- Coit Independence Joint Venture v. Federal Savings & Loan InsuranceSupreme Court of the United States · 1989
- Morris v. JonesSupreme Court of the United States · 1947
- Morrison-Knudsen Co. v. CHG International, Inc.Court of Appeals for the Ninth Circuit · 1987
3Cited by3 opinions
- Rexam Ltd. Partnership, S.E. v. Resolution Trust Corp.District Court, D. Puerto Rico · 1990
- Bender v. CenTrust Mortgage Corp.District Court, S.D. Florida · 1992
- Bender v. CenTrust Mortgage Corp.District Court, S.D. Florida · 1992