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LOUISIANA FEDERAL LAND BANK v. FARM CREDIT ADMIN.

No. 01-5366.

336 F.3d 1075 (2003)

LOUISIANA FEDERAL LAND BANK ASSOCIATION, FLCA, et al., Appellants, v. FARM CREDIT ADMINISTRATION, et al., Appellees.

United States Court of Appeals, District of Columbia Circuit.

Decided July 29, 2003.

Attorney(s) appearing for the Case

Daniel Joseph argued the cause for appellants. With him on the briefs was Beth Hirschfelder Wilensky. C. Fairley Spillman entered an appearance.

Edward Himmelfarb, Attorney, U.S. Department of Justice, argued the cause for federal appellees. With him on the brief were Roscoe C. Howard, Jr., U.S. Attorney, and Robert S. Greenspan, Attorney, U.S. Department of Justice.

Kathleen C. Kauffman argued the cause for appellee First South Farm Credit, ACA. With her on the brief were Nels J. Ackerson and L. Keith Parsons.

Before: GINSBURG, Chief Judge, and EDWARDS and GARLAND, Circuit Judges.

Opinion for the Court filed by Chief Judge GINSBURG.

GINSBURG, Chief Judge:

The Farm Credit Administration promulgated a rule eliminating geographical restrictions upon certain activities of lenders within the Farm Credit System, and thereby put them into competition with each other. The plaintiffs-appellants — lenders within the System — challenged the rule in district court, claiming it conflicted with the Farm Credit Act and with a 1992 Amendment...

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