OFFICE OF THRIFT SUPERVISION v. HOOPER

Civ. A. No. 86-0044-H.

858 F.Supp. 67 (1994)

OFFICE OF THRIFT SUPERVISION, Plaintiff, v. Eugene N. HOOPER, Defendant.

United States District Court, W.D. Virginia, Harrisonburg Division.

June 22, 1994.


Attorney(s) appearing for the Case

Lance D. Cassak, Office of Thrift Supervision, Enforcement/Litigation (Northeast Region), Jersey City, NJ, Richard A. Jones, Office of Thrift Supervision (Southeast Region), Atlanta, GA, for plaintiff.

Thomas J. Stanton, Leonard, Ralston, Stanton & Danks, Bernard R. Corbett, Tighe, McInroy & Corbett, Washington, DC, for First Federal Sav. Bank of Shenandoah Valley.

J. William Gilliam, Gilliam, Sanders and Brown, Fairfax, VA, for Uni-Fed Financial Corp.

Thomas G. Nolan, Receiver, Richmond and Fishburne, Charlottesville, VA.

Stephen Daniel Keeffe, Falls Church, VA, for defendant.


MEMORANDUM OPINION

MICHAEL, District Judge.

Despite the efforts of federal regulators, counsel, third parties, and this court, this case has remained tenaciously on the court's docket for eight years. The case is ripe for resolution, and it is time to dispose of this matter once and for all.

I. Factual Background

Mr. Eugene Hooper, the defendant, entered into a Cease and Desist order with the Federal Home Loan Bank Board (FHLBB)...

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