MCorp Financial, Inc. v. Board of Governors Federal Reserve System of U.S.

Court of Appeals for the Fifth Circuit·Decided May 20, 1992·No. 89-2816·Published

Opinion

UNITED STATES COURT OF APPEALS for the Fifth Circuit

_____________________________________

No. 89-2816 _____________________________________

MCORP FINANCIAL, INC., MCorp Mgt. and MCorp.,

Plaintiffs-Appellees,

and

Official Creditors' Committee of MCorp, MCorp Financial, Inc., and MCorp Mgt., Intervenors- Appellees,

VERSUS

BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM OF THE UNITED STATES OF AMERICA,

Defendant-Appellant.

______________________________________________________

Appeal from the United States District Court for the Southern District of Texas ______________________________________________________ (April 1, 1992)

ON REMAND FROM THE SUPREME COURT OF THE UNITED STATES

Before R. GARZA, WILLIAMS and DAVIS, Circuit Judges.

PER CURIAM:

This case has been remanded to us by the Supreme Court, 112

S.Ct. 459, 116 L.Ed.2d 358 (1991), for disposition consistent with

its opinion. The Court concluded that the district court was

without jurisdiction to entertain this suit. Accordingly, the

injunction entered by the district court is vacated, and the action dismissed for lack of jurisdiction.

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MCorp Financial, Inc. v. Board of Governors Federal Reserve System of U.S., (5th Cir. 1992).

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