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CITYFED FINANCIAL CORP. v. OFFICE OF THRIFT SUPERVISION

Civil A. No. 94-1273 (HHG).

919 F.Supp. 1 (1994)

CITYFED FINANCIAL CORP., et al., Plaintiffs, v. OFFICE OF THRIFT SUPERVISION, et al., Defendants.

United States District Court, District of Columbia.

September 8, 1994.

Attorney(s) appearing for the Case

Frank James Eisenhart, Dechert, Price & Rhoads, Washington, DC, for CityFed Financial Corp.

Ronald Wayne Steven, Kirkpatrick & Lockhart, Washington, DC, for John W. Atherton, Jr., Alfred J. Hedden, Gilbert G. Roessner, Gordon E. Allen, Peter R. Kellogg.

Bruce F. Rinaldi, Office of Thrift Supervision, Washington, DC, for Office of Thrift Supervision, Jonathan L. Fiechter.

Memorandum

HAROLD H. GREENE, District Judge.

Plaintiff CityFed Financial Corporation ("CityFed") has moved for a preliminary injunction enjoining a Temporary Cease and Desist Order ("Temporary Order") issued by the Office of Thrift Supervision ("OTS") on June 2, 1994. In short, the Temporary Order freezes CityFed's liquid assets pending the resolution of an administrative enforcement action filed by the OTS.

Background

CityFed...

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