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COLLIE v. FEDERAL HOME LOAN BANK BD.

No. 85 C 6707.

642 F.Supp. 1147 (1986)

C.C. COLLIE, James A. Hess, David Holsey, John F. Rosch, John G. Vondrak, and Glen Ellyn Savings and Loan Association, a State-Chartered Savings and Loan Association, Plaintiffs, v. The FEDERAL HOME LOAN BANK BOARD, Defendant.

United States District Court, N.D. Illinois, E.D.

September 9, 1986.

Attorney(s) appearing for the Case

Michael A. Braun, Craig P. Ehrlich, Braun & Rivkin, Chicago, Ill., for plaintiffs.

John L. Rogers, III, William J. McKenna, Jr., John F. Zabriskie, Hopkins & Sutter, Linda A. Wawzenski, Asst. U.S. Atty., Chicago, Ill., for defendant.

MEMORANDUM AND ORDER

MORAN, District Judge.

Plaintiffs are stockholders in Glen Ellyn Savings and Loan Association (Glen Ellyn), a thrift institution chartered by the State of Illinois. On September 19, 1985, the Federal Home Loan Bank Board (FHLBB), defendant here, appointed the Federal Savings and Loan Insurance Corporation (FSLIC) receiver of Glen Ellyn pursuant to section 122 of the Garn-St. Germain Depository Institutions Act of 1982, 12 U.S.C. §...

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