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AMERICAN INS. ASS'N v. CLARKE

Civ. A. No. 85-1489.

656 F.Supp. 404 (1987)

AMERICAN INSURANCE ASSOCIATION, Plaintiff, v. Robert L. CLARKE, et al., Defendants.

United States District Court, District of Columbia.

March 10, 1987.

Attorney(s) appearing for the Case

Timothy C. Russell, Martin E. Lybecker, Drinker, Biddle & Reath, Washington, D.C., for plaintiff.

Thomas E. Wilson, Seyfarth, Shaw, Fairweather & Geraldson, Washington, D.C., for Alliance of American Insurers.

Sandra M. Schraibman, Hermes Fernandez, Wendy Kloner, U.S. Dept. of Justice, Civil Div., Programs Branch, Washington, D.C., for defendants.

Arnold M. Lerman, Michael S. Helfer, Kerry W. Kircher, Washington, D.C., for defendant-intervenor.

MEMORANDUM OPINION AND ORDER

JOYCE HENS GREEN, District Judge.

Plaintiff American Insurance Association (AIA) brings this action challenging a ruling by defendant Comptroller of the Currency that would allow Citibank, a national bank subsidiary of a registered bank holding company, to offer a type of municipal bond insurance in the form of standby letters of credit. AIA, joined by amici the National Association of Life Underwriters and the National...

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