Legal Opinion
Irving Bank Corporation v. Board of Governors of the Federal Reserve System, Bank of New York Company, Inc., Intervenor
Court of Appeals for the D.C. Circuit
Decided April 18, 1988No. 88-1176PublishedCited by 4 opinions
1Opinion of the Court
Opinion PER CURIAM.
2Per curiam
This appeal involves the legality of the Board of Governors of the Federal Reserve System’s conditional approval of The Bank of New York Company, Inc.’s (BNY) application first to acquire, then to merge with, Irving Bank Corporation (Irving). See Joint Appendix (J.A.) at 1-60 (Board Order). Because we decide that substantial evidence supports the Board’s determination that the acquisition complies with the Bank Holding Company Act of 1956, as amended, 12 U.S.C. § 1841 et seq., we uphold the Board Order.
I. Background and Standing
A. Facts
On September 23, 1987, respondent-BNY,…
3Cases cited10 opinions
- United States v. Philadelphia National BankSupreme Court of the United States · 1963
- United States v. Phillipsburg National Bank & Trust Co.Supreme Court of the United States · 1970
- Board of Governors of the Federal Reserve System v. First Lincolnwood Corp.Supreme Court of the United States · 1978
- United States v. Connecticut National BankSupreme Court of the United States · 1974
- Board of Governors of Federal Reserve System v. Investment Co. InstituteSupreme Court of the United States · 1981
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4Cited by4 opinions
- United States House of Representatives v. United States Department of CommerceDistrict Court, District of Columbia · 1998
- Joseph L. Jones v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the D.C. Circuit · 1996
- Inner City Press v. Board of Governors of Federal Reserve SystemCourt of Appeals for the D.C. Circuit · 1997
- Irving Bank Corp. v. Bank of New York Co., Inc.District Court, S.D. New York · 1988