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INDEP. BANKERS ASS'N OF AMERICA v. CONOVER

Civ. A. No. 84-3201.

603 F.Supp. 948 (1985)

INDEPENDENT BANKERS ASSOCIATION OF AMERICA, Plaintiff, v. C. Todd CONOVER, Comptroller of the Currency of the United States of America and Dimension Financial Corporation, Defendants.

United States District Court, District of Columbia.

February 27, 1985.

Attorney(s) appearing for the Case

Leonard J. Rubin, Lucas, O'Brien & Raiser, Washington, D.C., H. Boone Porter, III, Brown, Koralchik & Fingersh, Overland Park, Kan., for plaintiff.

Richard K. Willard, Acting Atty. Gen., Joseph E. diGenova, U.S. Atty., Sandra M. Schraibman, Shalom Brilliant, Dept. of Justice, Civ. Div., Washington, D.C., for defendant C. Todd Conover.

Jeffrey S. Davidson, Kirkland & Ellis, Washington, D.C., for defendant Dimension Financial Corp.

MEMORANDUM OPINION

THOMAS F. HOGAN, District Judge.

The controversy before the Court involves the legal authority of the Comptroller of the Currency ("the Comptroller") to issue final charters to the Dimension Financial Corporation to operate thirty-one proposed national banks. The plaintiff, Independent Bankers Association of America ("I.B.A.A.") has challenged the Comptroller's issuance of preliminary approval to four of the proposed banks on the grounds...

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