England set a May 18 court date to hear motions on Alabama One's request for an injunction against the cease and desist order
, acording to a local media outlet.
He did not provide written information on the financial state of Berjac or the risk associated with the investments, according to the state's cease and desist order
, nor did he tell the investors that the state had previously issued a cease and desist order
In a brief that alternated between blistering and incredulous, the ACUA's lawyers tore into Alabama One's arguments and presented evidence that the cease and desist order
resulted from the credit union's repeated failure to comply with previous administrative remedies.
THE COURT OF APPEALS OF ILLINOIS AFFIRMED THE CEASE AND DESIST ORDER
We applaud the Commissioner's decision affirming the appropriateness and legality of the cease and desist order
against Radian, which protects consumers against unregulated, unlicensed title insurance products," said James Maher, executive vice president of ALTA.
On May 3, the Board issued a second cease and desist order
requiring BCCI to submit to the Board a plan for the divestiture of any shares of Independence Bank within its control.
As a direct result of the examinations, a cease and desist order
was issued by the Federal Reserve on June 12, 1989, against the BCCI (Holdings) and the two subsidiary banks that maintained agency offices in the United States.
On May 3, the Federal Reserve issued a second cease and desist order
requiring BCCI to submit to the Federal Reserve a plan for the divestiture of any shares of Independence Bank within its control.
By issuing a permanent injunction, the court clearly ruled that the cease and desist order
issued by the town is not only wrong, but unconstitutional.
The cease and desist order
requires Greif to indemnify these financial institutions for any judgment, award damages and attorney fees that may be incurred as a result of this lawsuit.
The Company is currently in compliance with water diversion limits imposed by the Cease and Desist Order
and is working to stay in compliance," said California American Water Vice President Ed Simon.
The $613 million Alabama One Credit Union filed suit in state court to block a cease and desist order
from the Alabama Credit Union Administration that the NCUA affirmed.