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SEARS, ROEBUCK & CO. v. BROWN

Civ. No. H 84-1009 (JAC).

641 F.Supp. 878 (1985)

SEARS, ROEBUCK AND CO., Allstate Insurance Company, Allstate Life Insurance Company, Allstate Enterprises Inc., Coldwell, Banker & Company, and Dean Witter Reynolds, Inc., Plaintiffs v. Howard B. BROWN, Acting Commissioner of the Department of Banking of the State of Connecticut, Defendant, and The Connecticut Bankers' Association and the Savings Banks' Association of Connecticut, Defendant-Intervenors.

United States District Court, D. Connecticut.

November 15, 1985.

Attorney(s) appearing for the Case

Duane C. Quani, Robert C. Johnson, Alan M. Posner, Sonnenschein Carlin Nath & Rosenthal, Chicago, Ill., Thomas D. Clifford, David Herrman, Skelley, Clifford, Vinkels, Williams and Rottner, P.C., Hartford, Conn., for plaintiffs.

Joseph I. Lieberman, John G. Haines, Peter J. Jenkelunas, Jane Comerford, Office of the Atty. Gen., Hartford, Conn., for defendant.

Allan B. Taylor, Day, Berry & Howard, Hartford, Conn., for defendant-intervenors.

RULING ON CROSS-MOTIONS FOR SUMMARY JUDGMENT

JOSÉ A. CABRANES, District Judge:

The question presented by this case is whether provisions of a Connecticut statute regulating the banking activities of holding companies and their subsidiaries violate the Commerce Clause or the Supremacy Clause of the United States Constitution. The provisions at issue are Sections 2(b), 2(c) and 2(d) of Connecticut Public Act 84-329 (the "Act") codified in C.G.S...

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