MONEY STATION v. BD. OF GOVERNORS OF FED. RES. SYS.

Nos. 95-1182, 95-1243.

81 F.3d 1128 (1996)

MONEY STATION, INC., Petitioner, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent, Banc One Corporation, et al., Intervenors.

United States Court of Appeals, District of Columbia Circuit.

Decided April 23, 1996.


Attorney(s) appearing for the Case

Ernest Gellhorn argued the cause, for petitioner. Stephen J. Landes, John A. Herfort, Leonard H. Hersh, Richard S. Rhodes, Chicago, IL, and Paul Blankenstein, Washington, DC, were on the briefs.

Douglas B. Jordan, Senior Counsel, argued the cause, for respondent, with whom James V. Mattingly, Jr., General Counsel, Richard M. Ashton, Associate General Counsel and Katherine H. Wheatley, Assistant General Counsel, Washington, DC, were on the brief.

Peter Buscemi argued the cause, for intervenors, with whom Stephen P. Mahinka, Washington, DC, was on the brief.

Before: EDWARDS, Chief Judge, WALD and HENDERSON, Circuit Judges.


Opinion for the Court filed by Circuit Judge WALD.

Dissenting Opinion filed by Chief Judge HARRY T. EDWARDS.

WALD, Circuit Judge:

Petitioner Money Station, Inc. seeks review of an order of the Federal Reserve Board ("Board"), allowing a joint venture known as Electronic Payment Services ("EPS"), which operates the nation's largest Automatic Teller Machine ("ATM") network, to acquire the assets of a smaller ATM network operated by National City Corporation...

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