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BUCKEYE PRODUCTION CREDIT v. FARM CREDIT ADMIN.

Civ. No. 91-533-A.

787 F.Supp. 578 (1992)

BUCKEYE PRODUCTION CREDIT ASSOCIATION, et al., Plaintiffs, v. FARM CREDIT ADMINISTRATION, Defendant.

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

March 23, 1992.

Attorney(s) appearing for the Case

Stewart Todd Leeth, Cohen, Gettings, Alper and Dunham, Arlington, Va., for plaintiffs.

Paula Pugh Newett, U.S. Attorney's Office, Alexandria, Va., for defendant.

MEMORANDUM OPINION

ELLIS, District Judge.

I. Introduction

In this case, plaintiffs, two lending associations within the Farm Credit System, are suing the Farm Credit Administration ("FCA") for allegedly violating their right under the Farm Credit Act, 12 U.S.C. § 2001, et seq. (the "Act"), to be free from competition within their exclusive territories. Essentially, at issue here is whether the FCA misconstrued § 7.8 of the...

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