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SISTERS OF THE PRESENTATION v. NATIONAL CREDIT UN.

No. 91-1516.

961 F.2d 733 (1992)

SISTERS OF THE PRESENTATION OF THE BLESSED VIRGIN MARY OF ABERDEEN, SOUTH DAKOTA, Petitioner, v. NATIONAL CREDIT UNION ADMINISTRATION BOARD, Respondent.

United States Court of Appeals, Eighth Circuit.

Decided April 8, 1992.

Attorney(s) appearing for the Case

Gerald P. Laughlin, Omaha Neb., argued (David A. Karnes, Richard E. Putnam, Omaha, Neb., and Donald Bierle, Yankton, S.D., on the brief), for petitioner.

Anthony J. Steinmeyer, Washington, D.C., argued (Stuart M. Gerson and Thomas M. Bondy, on brief), for respondent.

Before WOLLMAN, Circuit Judge, and BRIGHT and ROSS, Senior Circuit Judges.

ROSS, Senior Circuit Judge.

This appeal is brought by the Sisters of the Presentation of the Blessed Virgin Mary of Aberdeen, South Dakota (Petitioner) from a decision of the National Credit Union Administration Board (the Board) denying Petitioner's status and claims as a creditor of the Franklin Community Federal Credit Union (Franklin) of Omaha, Nebraska. In November 1988, Franklin was placed into involuntary liquidation by the National Credit Union Administration...

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