LINCOLN SAV. AND LOAN ASS'N v. WALL

Civ. A. Nos. 89-1318, 89-1323.

743 F.Supp. 901 (1990)

LINCOLN SAVINGS AND LOAN ASSOCIATION, Plaintiff, v. W. Danny WALL, Director, Office of Thrift Supervision, Defendant. AMERICAN CONTINENTAL CORPORATION, et al., Plaintiffs, v. M. Danny WALL, Director, Office of Thrift Supervision, et al., Defendants.

United States District Court, District of Columbia.

August 22, 1990.


Attorney(s) appearing for the Case

Leonard Bickwit, Jr., Robert K. Huffman, Kathryn Bucher, Miller & Chevalier, Ch., Washington, D.C., Michael K. Kennedy, John E. Lundin, Gallagher & Kennedy, P.A., Phoenix, Ariz., Charles M. Stern, Ronald L. Fein, James H. Berry, Jr., Paul Baskett, Wyman Bautzer Kuchel & Silbert, Los Angeles, Cal., for plaintiffs.

James P. Murphy, Paul E. Gutermann, Squire, Sanders & Dempsey, Washington, D.C., for defendants.


MEMORANDUM OPINION

SPORKIN, District Judge.

In this consolidated action, plaintiffs American Continental Corporation and Lincoln Savings and Loan Association seek to regain operational control of Lincoln Savings and Loan Association. Plaintiff American Continental Corporation ("ACC") is an Ohio corporation with its principal place of business in Phoenix, Arizona. Plaintiff Lincoln Savings and Loan Association ("Lincoln") is a California corporation chartered...

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