TEXAS AMERICAN BANCSHARES, INC. v. CLARKE

Civ. A. No. 3-89-1864-H.

740 F.Supp. 1243 (1990)

TEXAS AMERICAN BANCSHARES, INC., et al., Plaintiffs, v. Robert Logan CLARKE, Comptroller of the Currency, et al., Defendants.

United States District Court, N.D. Texas, Dallas Division.

June 25, 1990.


Attorney(s) appearing for the Case

Marvin S. Sloman & Peter Tierney, Carrington Coleman Sloman & Blumenthal, Dallas, Tex., and Bruce E. Clark, Patricia A. Connell and Mark Holmes, Sullivan & Cromwell, New York City, for plaintiffs.

Robert W. Patterson, Robert F. Reklaitis & Nancy J. Anglin, Hopkins & Sutter, Dallas, Tex., for defendant FDIC.


MEMORANDUM OPINION AND ORDER

SANDERS, Chief Judge.

The case is before the Court on cross-motions for summary judgment by Plaintiffs and the FDIC.

I. FACTUAL BACKGROUND

Stipulated Facts

The following facts are taken from the Stipulation of Undisputed Facts, filed October 5, 1989 ("Stipulated Facts").

1. Plaintiff Texas American Bancshares, Inc. ("TAB Holding") is a bank...

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