United States Fifth Circuit

In a class action alleging violations of Louisiana usury laws, because the FDIC was entitled to intervene, instant federal subject matter jurisdiction was conferred under 12 U.S.C. section 1819(b)(2)(A), and remand to state court was improper. (Revised opinion)

Appellate Information

• Decided 07/08/2002
• Published 07/23/2002

Judges

• EDITH H. JONES, Circuit Judge:, Before JONES, EMILIO M. GARZA and STEWART, Circuit Judges.

Court

• United States Fifth Circuit

Counsel

• For Appellant:
  
• Gene W. Lafitte, Sr. (argued), Liskow & Lewis, New Orleans, LA, Barbara Reesa Sarshik, FDIC, Washington, DC, for Movant-Appellant., Jesse R. Adams, Jr.,Adams, Hoefer, Holwadel & Eldridge, New Orleans, LA, for Amici Curiae Conference of State Bank Supervisors and Georgia Dept. of Banking and Finance., Daniel M. Formby, State of Georgia Dept. of Law, Atlanta, GA, for Georgia Dept. of Banking and Finance, Amicus Curiae., Kimberly A. Kralowec, Severson & Werson, San Francisco, CA, for American Financial Services Ass'n, American Bankers Ass'n and Consumer Bankers Ass'n, Amici Curiae., Colvin G. Norwood, Jr., David S. Willenzik, McGlinchey Stafford, New Orleans, LA, Jerold Sherwin Solovy, Jenner & Block, Chicago, IL, Paul March Smith, Jenner & Block, Washington, DC, Alan S. Kaplinsky, Ballard, Spahr, Andrews & Ingersoll, Philadelphia, PA, for Monogram Credit Card Bank of Georgia, Amicus Curiae.


• For Appellees:
  
• Louis L. Plotkin (argued), Meyer H. Gertler, Gertler, Gertler, Vincent & Plotkin, Todd Robert Slack, Gainsburgh, Benjamin, David, Meunier & Warshauer, New Orleans, LA, for Plaintiff-Appellee.