Fidelity Savings And Loan Association v. Federal Home Loan Bank Board

689 F.2d 803 FIDELITY SAVINGS AND LOAN ASSOCIATION, Plaintiff-Appellee, Cross-Appellant, v. FEDERAL HOME LOAN BANK BOARD, Federal Savings and Loan Insurance Corporation, et al., Defendants-Appellants, Cross-Appellees. Nos. 82-4337, 82-4354. United States Court of Appeals, Ninth Circuit. Argued and Submitted July 15, 1982. Decided Sept. 2, 1982. Barry D. Hovis, Angell, Homes & Lea, San Francisco, Cal., argued, for Fidelity Sav.; Stephen L. Kostka, Van Voorhis & Skaggs, Walnut Creek, Cal., on brief. Thomas P. Vartanian, Washington, D.C., argued, for Fed. Home Loan Bank Bd.; Jeffrey M. Werthan, Fed. Home Loan Bank Bd., Washington, D.C., Alan Clark, Latham & Watkins, Los Angeles, Cal., on brief. Randall P. Borcherding, Deputy Atty. Gen., San Francisco, Cal., argued, for amicus curiae State of Cal.; Joseph G. Passaic, Jr., Federal Deposit Ins. Corp., Washington, D.C., on brief. Appeal from the United States District Court for the Northern District of California. Before CHOY, SNEED, and FARRIS, Circuit Judges. SNEED, Circuit Judge: 1 This appeal has its origin in a dispute over the appointment of the Federal Savings and Loan Insurance Corporation (FSLIC) as federal receiver…