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SARATOGA S & L v. FEDERAL HOME LOAN BANK

No. C 88-20656 (SW).

724 F.Supp. 683 (1989)

SARATOGA SAVINGS AND LOAN ASSOCIATION, et al., Plaintiffs, v. FEDERAL HOME LOAN BANK OF SAN FRANCISCO, et al., Defendants.

United States District Court, N.D. California.

As Corrected September 7, 1989.

Attorney(s) appearing for the Case

Joseph L. Alioto, Patricia E. Henle, Richard D. Rosenberg, Alioto & Alioto, San Francisco, Cal., for plaintiffs.

Thomas A. Segal, Charlotte M. Kaplow, Edward J. O'Meara, Office of Gen. Counsel, Federal Home Loan Bank Bd., Washington, D.C., for Federal Home Loan Bank Bd.

Elizabeth R. Moore, Trial Atty., U.S. Dept. of Justice, Civ. Div., Torts Branch, Washington, D.C., for Individual defendants.

Pillsbury, Madison & Sutro, James N. Roethe, Bruce A. Ericson, Thomas V. Loran, III, Paula L. Levitan, San Francisco, Cal., for defendant Federal Home Loan Bank of San Francisco.

ORDER GRANTING MOTION TO DISMISS COMPLAINT

SPENCER WILLIAMS, District Judge.

This action came before the court on May 10, 1989, for hearing on the various defendants' motions to dismiss and on the individual defendants' motion to substitute the United States as defendant. At the conclusion of oral argument, the court took the matter under submission. The court now GRANTS the defendants' motions and DISMISSES the complaint.

BACKGROUND:

The...

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