Legal Opinion

Biscayne Federal Savings & Loan Ass'n v. Federal Home Loan Bank Board

District Court, S.D. Florida

Decided September 9, 1983No. 83-815-CIV-EPSPublishedCited by 4 opinions

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

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Bivens v. Six Unknown Named Agents of Federal Bureau of NarcoticsSupreme Court of the United States · 1971
  3. Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
  4. Citizens to Preserve Overton Park, Inc. v. VolpeSupreme Court of the United States · 1971
  5. Parratt v. TaylorSupreme Court of the United States · 1981

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3Cited by4 opinions

  1. Federal Sav. and Loan Ins. Corp. v. WilliamsDistrict Court, D. Maryland · 1984
  2. Franklin Savings Ass'n v. Director of the Office of Thrift SupervisionDistrict Court, D. Kansas · 1990
  3. Lyons Savings & Loan Ass'n v. Westside Bancorporation, Inc.District Court, N.D. Illinois · 1986
  4. Biscayne Federal Savings & Loan Ass'n v. PrattDistrict Court, District of Columbia · 1986

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