EXECUTIVE NAT. BANK v. BD. OF GOV. OF FED. R. SYS.

Nos. 89-4831, 89-4852.

889 F.2d 556 (1989)

EXECUTIVE NATIONAL BANK, Petitioner, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent. In re EXECUTIVE NATIONAL BANK, Petitioner.

United States Court of Appeals, Fifth Circuit.

November 16, 1989.


Attorney(s) appearing for the Case

Richard M. Byrd, Patrick J. Kennedy, Jr., Kennedy & Baris, San Antonio, Tex., for petitioner.

Jeffrey W. Hill, Lillick & McHose, Los Angeles, Cal., Robert J. Herrmann, Sr. Deputy Comptroller of the Currency, Paul D. Fritts, Director of Bank Supervision, FDIC, Washington, D.C., Kenneth W. Littlefield, Texas Banking Com'r, Austin, Tex., Stuart M. Gerson, Asst. Atty. Gen., U.S. Dept. of Justice, Richard M. Ashton, Assoc. Gen. Counsel, Douglas B. Jordan, Sr. Atty., Bd. of Governors of the Federal Reserve System, Washington, D.C., Larry E. Temple, Austin, Tex., for respondent.

Before REAVLEY, KING and JOHNSON, Circuit Judges.


PER CURIAM:

Petitioner Executive National Bank, a national banking association, is the target of a proposed acquisition by Bancomer, S.N.C., a Mexican corporation, and its subsidiary holding companies.1 On February 27, 1989, pursuant to section 9 of the Bank Holding Company Act of 1956, 12 U.S.C. § 1841 et seq., Bancomer filed an application with the Federal Reserve Bank in San Francisco for approval of its proposed acquisition...

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