COLORADO SPRINGS PROD. CREDIT ASS'N. v. FARM CREDIT ADMIN.

Civ. A. No. 86-K-1948.

669 F.Supp. 1044 (1987)

COLORADO SPRINGS PRODUCTION CREDIT ASSOCIATION, Monte Vista Production Credit Association, Sterling Production Credit Association, Production Credit Association of New Mexico, and Production Credit Association of South Central Kansas, Plaintiffs, v. FARM CREDIT ADMINISTRATION and Farm Credit System Capital Corporation, Defendants.

United States District Court, D. Colorado.

September 14, 1987.


Attorney(s) appearing for the Case

Thomas C. Seawell, Denver, Colo., and Barton L. Enoch and John W. Suthers, Sparks, Dix, Enoch & Suthers, P.C., Colorado Springs, Colo., for plaintiffs.

Lori E. Fields, Civil Div., Dept. of Justice, Washington, D.C., Kathleen M. Mullarkey, Assoc. General Counsel, Farm Credit Admin., McLean, Va., and Colleen Conlin, Asst. U.S. Atty., Denver, Colo., for Farm Credit Admin.

Sara Hays and P. John Owen, Morrison, Hecker, Curtis, Kuder & Parrish, Kansas City, Mo., and Miles M. Gersh, Gersh & Danielson, Denver, Colo., for Farm Credit System Capital Corp.

Timothy J. Flanagan, Kelly, Stansfield & O'Donnell, Denver, Colo., and Richard Slattery, Covington & Burling, Washington, D.C., for amici Farm Credit Banks of Springfield & Texas.


MEMORANDUM OPINION AND ORDER

KANE, District Judge.

This is an important case. It involves a challenge to the validity and constitutionality of certain regulations promulgated under the Farm Credit Act of 1985. On August 16, 1987 I handed down a memorandum opinion and order in which I granted plaintiffs' motion for summary judgment, 666 F.Supp. 1475. I did so on the basis defendants were collaterally estopped from relitigating...

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