FIRST SOUTH PROD. CREDIT v. FARM CREDIT ADMIN.

Civ. A. No. 89-0935-A.

729 F.Supp. 1559 (1990)

FIRST SOUTH PRODUCTION CREDIT ASSOC., et al., Plaintiffs, v. FARM CREDIT ADMINISTRATION, et al., Defendants, and Farm Credit Bank of Texas, Defendant/Intervenor.

United States District Court, E.D. Virginia, Alexandria Division.

February 2, 1990.


Attorney(s) appearing for the Case

Nels J. Ackerson, Stewart A. Block, George W. Jones, Jr. and Michael D. Warden, Sidley & Austin, Washington, D.C., for plaintiff Farm Credit Bank of Wichita.

C. York Craig, Jr., L. Keith Parsons and Michael T. Dawkins, Watkins Ludlam & Stennis, Jackson, Miss., for plaintiff First South Production Credit Assoc.

Sam E. Scott, Heidelberg, Woodliff & Franks, Jackson, Miss., for plaintiff Federal Intermediate Credit Bank of Jackson.

Stuart E. Schiffer, Acting Asst. Atty. Gen., Theodore Hirt and Kathryn Ray, Dept. of Justice, Washington, D.C., Henry E. Hudson, U.S. Atty., E.D. Virginia, Alexandria, Va., and Victor Cohen and Anthony Torres, Farm Credit Admin., McLean, Va., for defendants Farm Credit Admin., et al.

Ky P. Ewing, Jr. and Christopher T. Corson, Vinson & Elkins, Washington, D.C., Thomas F. Farrell, II, McGuire, Woods, Battle & Boothe, Alexandria, Va., and Bill Zimmerman, Gen. Counsel, Farm Credit Bank of Texas, Austin, Tex., for defendant/intervenor Farm Credit Bank of Texas.


MEMORANDUM OPINION

HILTON, District Judge.

This matter came before the court on the parties' cross-motions for summary judgment.1 Plaintiffs, First South Production Credit Association ("First South PCA"), Federal Intermediate Credit Bank of Jackson ("Jackson FICB"), and Farm Credit Bank of Wichita ("Wichita FCB"), bring this action for declaratory and injunctive relief challenging the Farm Credit Administration's ("Administration...

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