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FEDERAL FARM CREDIT FUNDING v. FARM CREDIT ADMIN.

Civ. A. No. 89-1427-A.

731 F.Supp. 217 (1990)

FEDERAL FARM CREDIT BANKS FUNDING CORPORATION, Plaintiff, v. FARM CREDIT ADMINISTRATION, Defendant.

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

February 26, 1990.

Attorney(s) appearing for the Case

Lee H. Pelton, Mac Asbill, Jr., Warren N. Davis, Robert W. Clark and Steuart H. Thomsen, Sutherland, Asbill & Brennan, Washington, D.C., for plaintiff.

Stuart M. Gerson, Asst. Atty. Gen., Theodore C. Hirt, Tracy L. Merritt and Raphael O. Gomez, Dept. of Justice, Civ. Div., Washington, D.C., Henry E. Hudson, U.S. Atty., E.D.Va., Alexandria, Va., and Richard Cohn, Farm Credit Admin., McLean, Va., for defendant.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

HILTON, District Judge.

This is a proceeding under the Administrative Procedure Act ("APA"), 5 U.S.C. §§ 500-706 (1988), in which plaintiff Federal Farm Credit Banks Funding Corporation ("Funding Corporation") challenges certain actions of defendant Farm Credit Administration ("FCA"), an agency of the federal government.

The Funding Corporation contends that the FCA acted unlawfully in issuing its...

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