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UNITED WESTERN BANK v. OFFICE OF THRIFT SUPERVISION

Civil Action No. 11-0408 (ABJ).

793 F.Supp.2d 357 (2011)

UNITED WESTERN BANK, et al., Plaintiffs, v. OFFICE OF THRIFT SUPERVISION, et al., Defendants.

United States District Court, District of Columbia.

June 24, 2011.

Attorney(s) appearing for the Case

Andrew L. Sandler, Samuel John Buffone, Liana R. Prieto, Buckleysandler LLP, Kirby D. Behre, Lawrence Kaplan, Paul, Hastings, Janofsky & Walker, LLP, Washington, DC, Theodore J. Abariotes, United Western Bancorp, Inc., Denver, CO, for Plaintiffs.

Christopher A. Sterbenz, Dirk S. Roberts, Sarah J. Auchterlonie, Office of Thrift Supervision, Washington, DC, Duncan Norman Stevens, Merritt Albert Pardini, Federal Deposit Insurance Corporation, Arlington, VA, for Defendants.

MEMORANDUM OPINION

AMY BERMAN JACKSON, District Judge.

The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ("FIRREA"), 12 U.S.C. § 1461, et. seq., accords the Director of the Office of Thrift Supervision ("OTS") broad powers to regulate federally insured savings associations, including the power to appoint a receiver or conservator for an association under certain circumstances...

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