U.S. Court of Appeals for the Fifth Circuit, 1992

Mcorp Financial, Inc. v. Board Of Governors Federal Reserve System

Mcorp Financial, Inc. v. Board Of Governors Federal Reserve System
U.S. Court of Appeals for the Fifth Circuit · Decided April 1, 1992
958 F.2d 615; 1992 U.S. App. LEXIS 5653 (Federal Reporter, Second Series)

Mcorp Financial, Inc. v. Board Of Governors Federal Reserve System

Opinion

958 F.2d 615

MCORP FINANCIAL, INC., MCorp Mgt. and MCorp., Plaintiffs-Appellees,
and
Official Creditors' Committee of MCorp, MCorp Financial,
Inc., and MCorp Mgt., Intervenors-Appellees,
v.
BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM OF the UNITED
STATES of America, Defendant-Appellant.

No. 89-2816.

United States Court of Appeals,
Fifth Circuit.

April 1, 1992.

Jeffrey Clair, William Kanter, Asst. Attys. Gen., Dept. of Justice, Civ. Div./Appellate Staff, Washington, D.C., for defendant-appellant.

Harvey R. Miller, Alan B. Miller, D.J. Baker, Weil, Gotshal & Manges, New York City, Howard N. Cayne, Arnold & Porter, Washington, D.C., for MCorp, et al.

John P. Lynch, Deborah Corthier Paskin, Latham & Watkins, Chicago, Ill., Robert J. Rosenberg, Latham & Watkins, New York City, for Official Creditors, et al.

Appeal from the United States District Court for the Southern District of Texas, Lynn N. Hughes, Judge.

ON REMAND FROM THE SUPREME COURT OF THE UNITED STATES

Before REYNALDO G. GARZA, WILLIAMS and DAVIS, Circuit Judges.

PER CURIAM:

1

This case has been remanded to us by the Supreme Court, 112 S.Ct. 459, 116 L.Ed.2d 358 (1991), for disposition consistent with its opinion. The Court concluded that the district court was without jurisdiction to entertain this suit. Accordingly, the injunction entered by the district court is vacated, and the action dismissed for lack of jurisdiction.

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