Dodge v. Comptroller of the Currency

744 F.3d 148 (2014)

Study Aids
Case Briefs Overview
Casebooks
Case Briefs
D
From our private database of 46,300+ case briefs, written and edited by humans—never with AI.

Dodge v. Comptroller of the Currency

United States Court of Appeals for the District of Columbia Circuit
744 F.3d 148 (2014)

  • Written by Tanya Munson, JD

Facts

Lawrence Dodge (plaintiff) was the chief executive officer (CEO) of the federally insured savings bank, American Sterling Bank (the bank). In 2007, Dodge began to use the bank to make strange loans to his preferred political organizations, nonprofits, and projects he was personally invested in. Dodge withheld information about his personal involvement in the loans and repeatedly reported the loans as performing assets and qualifying capital. These reports misled supervisors about the bank’s capitalization. The Office of Thrift Supervision and subsequently the Office of the Comptroller of the Currency (OCC) (defendant) examined the bank and issued a cease-and-desist order removing Dodge from the position as CEO, barring him from participation in any other federally insured financial institution, and assessing a $1 million penalty. The OCC claimed it had the authority to impose the order under § 1818(e)(1) of the Federal Deposit Insurance Act (FDIA). Dodge filed a petition for review of the order.

Rule of Law

Issue

Holding and Reasoning (Rogers, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 820,000 law students since 2011. Some law schools even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 820,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 989 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 820,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,300 briefs - keyed to 989 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership

Casebooks

Banking Law

Key Terms