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TELEMATICS INTERN., INC. v. NEMLC LEASING CORP.

No. 91-2003.

967 F.2d 703 (1992)

TELEMATICS INTERNATIONAL, INC., Plaintiff, Appellant, v. NEMLC LEASING CORPORATION, et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided June 22, 1992.

Attorney(s) appearing for the Case

Alan R. Hoffman with whom Lynch, Brewer, Hoffman & Sands, Boston, Mass., was on brief, for plaintiff, appellant.

Edward J. O'Meara with whom Ann S. Duross, Richard J. Osterman, Jr., Washington, D.C., John Foskett, Michael P. Ridulfo, Deutsch Williams Brooks DeRensis Holland & Drachman, P.C., Boston, Mass., and Carmen Rodriguez, Franklin, Mass., were on brief, for F.D.I.C.

Before CAMPBELL and TORRUELLA, Circuit Judges, and POLLAK, Senior District Judge.

LOUIS H. POLLAK, Senior District Judge.

This case requires us to address the scope of a federally-created receiver's power to exercise its statutory powers free of judicial interference. We conclude that under 12 U.S.C. § 1821(j), a federal court lacks jurisdiction to enjoin the Federal Deposit Insurance Corporation (FDIC), acting in its role as receiver for a banking institution, from attaching a certificate of deposit in which the banking institution holds...

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