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AMERICAN BANKERS INS. GROUP v. BOARD OF GOVERNORS

No. CIV. A. 96-2383 (EGS).

3 F.Supp.2d 37 (1998)

AMERICAN BANKERS INSURANCE GROUP, INC., et al., Plaintiffs, v. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, Defendant.

United States District Court, District of Columbia.

April 21, 1998.

Attorney(s) appearing for the Case

James F. Jorden, Paul A. Fischer, Jerome V. Bolkcom, Jorden Burt Berenson & Johnson LLP, Washington, DC, for Plaintiffs.

Richard M. Ashton, James A. Michaels, Bradford S. Fleetwood, Board of Governors of the Federal Reserve System, Washington, DC, for Defendant.

MEMORANDUM OPINION AND ORDER

SULLIVAN, District Judge.

INTRODUCTION

Plaintiffs, American Bankers Insurance Group, Inc., and two of its subsidiaries, American Bankers Insurance Company of Florida, and American Bankers Life Insurance Company of Florida, commenced this action against the Board of Governors of the Federal Reserve System ("the Board") to challenge a single provision of the Board's Regulation Z (12 C.F.R. Part 226), which...

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