California v. American Stores Co. - Oral Argument

Tue, 16 Jan 1990 12:00:00 -0500

No details yet.

Cargill, Inc. v. Monfort Of Colorado, Inc. - Oral Argument

Mon, 06 Oct 1986 12:00:00 -0500

No details yet.

E. I. Du Pont De Nemours & Co. v. Collins - Oral Argument

Wed, 02 Mar 1977 12:00:00 -0500

No details yet.

Northeast Bancorp, Inc. v. Federal Reserve System - Oral Argument

Mon, 15 Apr 1985 12:00:00 -0500

Certain bank holding companies located principally in either Connecticut or Massachusetts applied to the Federal Reserve Board (Board) to obtain approval for acquisitions of banks or bank holding companies (banks) in the other state. If a bank from one state seeks to acquire a bank, or substantially all of a bank's assets, from another state, the Douglas Amendment to the Bank Holding Company Act (BHCA), 12 U.S.C. Section 1842(d), allows the Board to approve the acquisition only if it "is specifically authorized by the statute laws of the State in which such [acquired] bank is located." Massachusetts and Connecticut have substantially similar laws allowing out-of-state banks to buy in-state banks only if the out-of-state banks (1) have their principal place of business in another New England State, and (2) the other New England State accords equivalent reciprocal privileges. Certain banks from outside of New England opposed the acquisitions, but the Board found that the Douglas Amendment did not prevent their authorization, and approved them.

The Oyez Project: Economic Activity Issues - Mergers Arguments

California v. American Stores Co. - Oral Argument

Cargill, Inc. v. Monfort Of Colorado, Inc. - Oral Argument

E. I. Du Pont De Nemours & Co. v. Collins - Oral Argument

Northeast Bancorp, Inc. v. Federal Reserve System - Oral Argument