Legal Opinion
Gary Akin v. Office of Thrift Supervision Department of Treasury
Court of Appeals for the Fifth Circuit
Decided January 23, 1992No. 91-4023PublishedCited by 16 opinions
1Opinion of the Court
EDITH H. JONES, Circuit Judge:
Petitioner Gary L. Akin challenges a cease and desist enforcement order of the Director of the Office of Thrift Supervision, that requires him to pay over $19 million to restore the net worth deficiency of a savings and loan association. See 12 U.S.C. § 1818(b)(1). We affirm.
FACTS
Akin was the sole shareholder, President, Chief Executive Officer, and Chairman of the Board of TexasBanc Savings Association (TB) in Conroe, Texas. Under Akin’s direction, TB sought to expand its operations. However, federal regulators feared that TB’s expansion ambitions could under…
2Cases cited15 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Motor Vehicle Mfrs. Assn. of United States, Inc. v. State Farm Mut. Automobile Ins. Co.Supreme Court of the United States · 1983
- Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
- Butz v. Glover Livestock Commission Co.Supreme Court of the United States · 1973
- Board of Governors of the Federal Reserve System v. MCorp Financial, Inc.Supreme Court of the United States · 1991
10 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Robert D. Rapaport v. United States Department of the Treasury, Office of Thrift SupervisionCourt of Appeals for the D.C. Circuit · 1995
- Morton v. WestUnited States Court of Appeals for Veterans Claims · 1999
- CityFed Financial Corp. v. Office of Thrift SupervisionCourt of Appeals for the D.C. Circuit · 1995
- Louis DeNaples v. Office of the Comptroller of CurrencyCourt of Appeals for the D.C. Circuit · 2013
- Jess T. Simpson, Former President and Chairman of the Board of Directors, Cascade Savings Bank, Everett, Washington v. Office of Thrift SupervisionCourt of Appeals for the Ninth Circuit · 1994
11 more not listed; retrieve them via the Exa API.