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UNITED STATES v. CROCKER NAT. CORP.

Nos. 76-3614, 76-3615, 76-3692 and 76-3738.

656 F.2d 428 (1981)

UNITED STATES of America, Plaintiff-Cross-Appellee, v. CROCKER NATIONAL CORP., et al., Defendant-Cross-Appellants. UNITED STATES of America, Plaintiff-Appellant, v. CROCKER NATIONAL CORP., et al., Defendant-Appellees. UNITED STATES of America, Plaintiff-Cross-Appellee, v. BANKAMERICA CORPORATION, et al., Defendants-Cross-Appellants. UNITED STATES of America, Plaintiff-Appellant, v. BANKAMERICA CORPORATION, et al., Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided September 14, 1981.

Rehearing and Rehearing Denied November 10, 1981.

Attorney(s) appearing for the Case

Robert Raven, Morrison & Foerster, San Francisco, Cal., for Crocker Bank.

J. Randolph Wilson, Covington & Burling, Washington, D. C., for Equitable Life Assurance Soc., etc.

Catherine G. O'Sullivan, Dept. of Justice, Washington, D. C., for USA.

William Simon, Howrey & Simon, Washington, D. C., for Prudential Ins.

Before BROWNING, Chief Judge, KENNEDY, Circuit Judge, and CHRISTENSEN, District Judge.

Rehearing and Rehearing En Banc Denied November 10, 1981.

BROWNING, Chief Judge:

Three questions involving application of Section 8 of the Clayton Act, 15 U.S.C. § 19, are raised on this appeal. The principal issue is whether Section 8 prohibits the same person from serving at the same time as a director of a bank and as a director of an insurance company with which the bank competes, when the competition is...

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