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OTERO SAV. & LOAN ASS'N v. BOARD OF GOVERNORS

Civ. A. No. 80-K-1066.

497 F.Supp. 370 (1980)

OTERO SAVINGS AND LOAN ASSOCIATION, a Domestic Savings and Loan Association, organized under the laws of Colorado, Plaintiff, v. The BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM and the Federal Reserve Bank of Kansas City, Missouri, Defendants, v. MAJESTIC SAVINGS & LOAN ASSOCIATION, Sun Savings & Loan Association, Golden Savings & Loan Association, Domestic Savings and Loan Associations, organized under the laws of Colorado, Plaintiffs-Intervenors.

United States District Court, D. Colorado.

Amended September 10, 1980.

Attorney(s) appearing for the Case

James A. Clark, Bruce D. Pringle, Baker & Hostetler, Denver, Colo., John M. Law, Law, Scheid & Farabee, Denver, Colo., for plaintiff.

James S. Bailey, Jr., David M. Berrett, John W. Pharris, Calkins, Kramer, Grimshaw & Harring, Denver, Colo., Donald M. Lesher, Denver, Colo., for plaintiffs-intervenors.

Joseph F. Dolan, U.S. Atty., C. Scott Crabtree, Asst. U.S. Atty., Denver, Colo., Robert Swanson, Rendle Myer, Allan B. Adams, Neef, Swanson & Myer, Denver, Colo., Benjamin R. Civiletti, Atty. Gen. of the U.S., U.S. Dept. of Justice, Washington, D.C., for defendants.

AMENDED ORDER GRANTING A PRELIMINARY INJUNCTION

KANE, District Judge.

This case is before me on plaintiff's and plaintiffs-intervenor's motions for a preliminary injunction restraining defendants from refusing to accept or process their drafts through the federal reserve clearing and collection system in the same manner as said checks have been cleared and collected prior to August 18, 1980. A temporary restraining order to this effect was issued August...

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