CENTRAL KENTUCKY PRODUCTION CREDIT ASS'N v. U.S.

No. 86-5653.

846 F.2d 1460 (1988)

CENTRAL KENTUCKY PRODUCTION CREDIT ASSOCIATION, et al., Appellants, v. UNITED STATES of America, et al.

United States Court of Appeals, District of Columbia Circuit.

Decided May 13, 1988.


Attorney(s) appearing for the Case

John C. Deal, Columbus, Ohio, with whom Carol H. Fishman, Washington, D.C., was on the brief, for appellants.

P. John Owen, with whom Robert M. Kroenert and Sarah W. Hays, Kansas City, Mo., were on the brief, for appellee Farm Credit System Capital Corp.

Mark B. Stern, Atty., U.S. Dept. of Justice, with whom Richard K. Willard, Asst. Atty. Gen., Joseph E. diGenova, U.S. Atty., and Robert S. Greenspan, Atty., U.S. Dept. of Justice, Washington, D.C., were on the brief, for appellees U.S., et al.

Mac Asbill, Jr. and Warren N. Davis, Washington, D.C., entered appearances for appellee Farm Credit Corp. of America.

Cornelius B. Kennedy, Washington, D.C., was on the brief for amici curiae Alfred E. Schlepper, et al., urging reversal.

Before BUCKLEY and WILLIAMS, Circuit Judges, and AUBREY E. ROBINSON, Jr., Chief Judge, United States District Court for the District of Columbia.


Opinion for the court filed by Circuit Judge BUCKLEY.

BUCKLEY, Circuit Judge:

Appellants are five lending institutions within the nation's troubled farm credit system. These production credit associations appeal a Memorandum Order entered on October 3, 1986, in which the district court declined to enjoin the application of the Farm Credit Amendments Act of 1985, 12 U.S.C. §§ 2216-16k, 2152 (Supp. III 1985...

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