Biscayne Federal Savings & Loan Ass'n v. Federal Home Loan Bank Board
District Court, S.D. Florida
1Opinion of the Court
MEMORANDUM OPINION
SPELLMAN, District Judge.
INTRODUCTION
In a closed meeting held on April 6,1983, the Federal Home Loan Bank Board (FHLBB) adopted two resolutions which form the basis of Plaintiffs’ complaint in this case. FHLBB Resolution 83-184 rejected Plaintiffs’ recapitalization proposal designed to infuse new capital into the financially troubled Biscayne Federal Savings and Loan Association (Biscayne). FHLBB Resolution 83-185, adopted a short time thereafter, placed Biscayne in receivership under the control of the Federal Savings and Loan Insurance Corporation (FSLIC). 1
Within an hour…
2Cases cited66 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Bivens v. Six Unknown Named Agents of Federal Bureau of NarcoticsSupreme Court of the United States · 1971
- Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
- Citizens to Preserve Overton Park, Inc. v. VolpeSupreme Court of the United States · 1971
- Parratt v. TaylorSupreme Court of the United States · 1981
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3Cited by4 opinions
- Federal Sav. and Loan Ins. Corp. v. WilliamsDistrict Court, D. Maryland · 1984
- Franklin Savings Ass'n v. Director of the Office of Thrift SupervisionDistrict Court, D. Kansas · 1990
- Lyons Savings & Loan Ass'n v. Westside Bancorporation, Inc.District Court, N.D. Illinois · 1986
- Biscayne Federal Savings & Loan Ass'n v. PrattDistrict Court, District of Columbia · 1986