AKIN v. OFFICE OF THRIFT SUPERVISION

No. 91-4023.

950 F.2d 1180 (1992)

Gary AKIN, Petitioner, v. OFFICE OF THRIFT SUPERVISION DEPARTMENT OF TREASURY, Respondent.

United States Court of Appeals, Fifth Circuit.

January 23, 1992.


Attorney(s) appearing for the Case

Joel M. Androphy, Berg & Androphy, Houston, Tex., for petitioner.

Aaron B. Kahn, Christine Harrington, Steven Horn, Stanley Heht, Director of Enforcement, Office of Thrift Supervision, Washington, D.C., for respondent.

Before WISDOM, JONES, Circuit Judges, and PARKER, District Judge.


EDITH H. JONES, Circuit Judge:

Petitioner Gary L. Akin challenges a cease and desist enforcement order of the Director of the Office of Thrift Supervision, that requires him to pay over $19 million to restore the net worth deficiency of a savings and loan association. See 12 U.S.C. § 1818(b)(1). We affirm.

FACTS

Akin was the sole shareholder, President, Chief Executive Officer, and Chairman of the Board of TexasBanc Savings Association...

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