Legal Opinion
Carteret Savings Bank, FA v. Office of Thrift Supervision
Court of Appeals for the Third Circuit
Decided May 7, 1992No. Nos. 91-5597, 91-5290PublishedCited by 3 opinions
1Opinion of the Court
OPINION OF THE COURT
SLOVITER, Chief Judge.
Before us are consolidated appeals from a preliminary injunction restraining defendant-appellant Office of Thrift Supervision (OTS) from excluding “supervisory goodwill” in calculating the capitalization of plaintiff-appellee Carteret Savings Bank, FA for regulatory purposes under the new standards established by the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA).
I
Facts and Procedural History
Carteret is one of the largest savings and loan associations in New Jersey. In 1982, Carteret arranged to acquire First Federal Savings and…
2Cases cited25 opinions
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3Cited by3 opinions
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