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BANK OF AMERICA, N.A. v. F.D.I.C.

No. 99-14863.

244 F.3d 1309 (2001)

BANK OF AMERICA, N.A., Plaintiff-Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, an agency of the United States of America, Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

DECIDED March 23, 2001.

Attorney(s) appearing for the Case

David M. Wells, Robert Eric Bilik, McGuire, Woods, Battle & Booth, LLP, Jacksonville, FL, Keith Alexander Noreika, E. Edward Bruce, Covington & Burling, Washington, DC, for Plaintiff-Appellant.

Barbara Sarshik, FDIC, Washington, DC, for Defendant-Appellee.

Before EDMONDSON, CARNES and COX, Circuit Judges.

CARNES, Circuit Judge:

This appeal concerns the validity of the Federal Deposit Insurance Corporation's regulation, codified as 12 C.F.R. § 327, which determines the insurance assessment rate applicable to the funds that result from the merger of a Banking Insurance Fund financial institution with a Banking Insurance Fund Oakar institution in certain circumstances. That specific question is one of those complicated and transitory regulatory banking issues that...

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