United States Third Circuit

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MELE v. FED. RESERVE BANK OF NEW YORK, 03-1556

The Federal Reserve Act precludes enforcement against a Federal Reserve Bank of an employment contract that would compromise its statutory power to dismiss at pleasure, and prevents the development of a reasonable expectation of continued employment. As a result, plaintiff's argument that he was terminated in contravention of defendant's Management Guide to Personnel Policies is meritless.

Appellate Information

  • Argued 11/18/2003
  • Decided 02/24/2004
  • Published 02/24/2004

Judges

  • Before RENDELL, BARRY, and CHERTOFF, Circuit Judges.

Court

  • United States Third Circuit

Counsel

  • For Appellant:
  • Brian E. Fleisig (Argued), Pearce, Vort & Fleisig, L.L.C., Hackensack, for Appellant.

  • For Appellees:
  • Yoon Hi Greene (Argued), Federal Reserve Bank of New York, New York, Shari Leventhal, Federal Reserve Bank of New York, New York, for Appellee.
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