AMERICAN LAND TITLE ASS'N v. BD. OF GOVERNORS OF FEDERAL RESERVE SYSTEM

No. 88-1872.

892 F.2d 1059 (1989)

AMERICAN LAND TITLE ASSOCIATION, Petitioner, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent, Firstar Corporation, Intervenor.

United States Court of Appeals, District of Columbia Circuit.

Decided December 29, 1989.


Attorney(s) appearing for the Case

Sheldon E. Hochberg, with whom William T. Finley, Jr., and David F.B. Smith, Washington, D.C., were on the brief, for petitioner.

Jacob M. Lewis, Atty., Dept. of Justice, with whom Jay B. Stephens, U.S. Atty., and Anthony J. Steinmeyer, Atty., Dept. of Justice, Washington, D.C., were on the brief, for respondent. Richard M. Ashton and James A. Michaels, Attys., Bd. of Governors of the Federal Reserve System, Washington, D.C., entered appearances for respondent.

John J. Gill and Michael F. Crotty, Washington, D.C., for American Bankers Ass'n, James T. McIntyre, Jr., and John W. Hunter, Washington, D.C., for Ins./ Financial Affiliates of America, Inc., and Richard Whiting, Washington, D.C., for Ass'n of Bank Holding Companies, were on the brief for amici curiae urging the Court to affirm the order of the Bd. of Governors of the Federal Reserve System.

John D. Hawke, Jr., Howard N. Cayne, Leigh McGuigan and Pauline B. Heller, Washington, D.C., were on the brief for intervenor.

Before WILLIAMS and SENTELLE, Circuit Judges, and ROBINSON, Senior Circuit Judge.


Opinion for the Court filed by Circuit Judge SENTELLE.

SENTELLE, Circuit Judge:

American Land Title Association ("ALTA") petitions this Court for review of a decision of the Board of Governors of the Federal Reserve System ("the Board") to authorize First Wisconsin Corporation ("First Wisconsin")1 to acquire all of the outstanding shares of Milwaukee Title Insurance Service, Inc. ("Milwaukee...

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