CityFed Financial Corp. v. Federal Home Loan Bank Board

MEMORANDUM

OBERDORFER, District Judge.

I

Plaintiff CityFed Financial Corp (“CityFed”) is a publicly held savings and loan holding company incorporated under Delaware law with total assets in excess of $7 billion. Defendants Federal Home Loan Bank Board (“Board”) and the Federal Savings and Loan Insurance Corporation (“FSLIC”) are agencies of the United States Government. Defendant George S. Mann (“Mann”), an alien residing in Can ada, is chairman of the board of directors and a controlling person of defendants Uni-corp Canada Corporation (“UCC”) and Uni-corp American Corporation (“UAC”),…