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REDD v. FEDERAL LAND BANK OF ST. LOUIS

No. 87-1794.

851 F.2d 219 (1988)

Donald E. REDD and Mary A. Redd, Appellants, v. FEDERAL LAND BANK OF ST. LOUIS, Federal Land Bank Association of Northeast Missouri and Doug Browne, Trustee, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided July 6, 1988.

Attorney(s) appearing for the Case

Dale Reesman, Boonville, Mo., for appellants.

Mark G. Arnold, St. Louis, Mo., for appellees.

Before JOHN R. GIBSON, Circuit Judge, and FLOYD R. GIBSON and WRIGHT, Senior Circuit Judges.

JOHN R. GIBSON, Circuit Judge.

The sole issue on appeal is whether 1985 amendments to the Farm Credit Act of 1971 contain an implied private right of action for damages or injunctive relief, or a defense to foreclosure. The district court,1 661 F.Supp. 861, held that the amendments did not imply a private right of action for damages and dismissed without prejudice the Redds' claims for relief. We affirm...

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