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CHILDS v. FEDERAL RESERVE BANK

No. 82-1598.

719 F.2d 812 (1983)

Bill CHILDS, Plaintiff-Appellant, v. FEDERAL RESERVE BANK et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing and Rehearing Denied January 3, 1984.

Attorney(s) appearing for the Case

Simon & Simon, Jeff R. Boggess, Fort Worth, Tex., for plaintiff-appellant.

Michael J. Broker, Legal Dept., Federal Reserve Bank of Dallas, William Arthur Tribble, Dallas, Tex., for Federal Reserve.

Colbert N. Coldwell, El Paso, Tex., for Continental Nat. Bank.

Edmund Glen Johnson, Fort Worth, Tex., for Bank of Commerce.

Before CLARK, Chief Judge, GEE and POLITZ, Circuit Judges.

Rehearing and Rehearing En Banc Denied January 3, 1984.

PER CURIAM:

At issue in this appeal is the construction and effect of 12 C.F.R. § 210 et seq. ("Regulation J"). We are asked to decide whether the regulation affords immunity to Federal Reserve Banks from liability to the owner of a check that the bank has negligently handled in the collection process. The district court, in dismissing Childs's complaint of negligence against the Federal Reserve...

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