William A. Seals and Robert A. Guarrera v. Office of Thrift Supervision

Good Law
35 F.3d 571·1994 WL 470212·1994 U.S. App. LEXIS 32346
United States Court of Appeals for the Ninth CircuitAugust 31, 199493-70272California1,493 words

Opinion

Opinion

35 F.3d 571 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. William A. SEALS and Robert A. Guarrera, Petitioners, v. OFFICE OF THRIFT SUPERVISION, Respondent. No. 93-70272. United States Court of Appeals, Ninth Circuit. Submitted Aug. 3, 1994. * Decided Aug. 31, 1994. 1 Before: D.W. NELSON and NOONAN, Circuit Judges, and KING, ** District Judge. 2 MEMORANDUM *** 3 William A. Seals ("Seals") and Robert A. Guarrera ("Guarrera") (collectively, "petitioners"), former directors of Concor Financial Services, Inc. ("Concor") (a wholly owned subsidiary of Concordia Federal Bank for Savings ("Concordia")) petition for review of the decision of the Director of the Office of Thrift Supervision ("Director" or "OTS") ordering Seals and Guarrera to pay restitution to the Resolution Trust Corporation ("RTC"), as receiver for Concordia, and barring them from participation in Concordia and other depository institutions, pursuant to the OTS' action under the Financial Institutions Reform,…

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