Xiao Jin v. City of New York

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “[A]n agency’s long-standing construction of its statutory mandate is entitled to great respect, ‘especially when Congress has refused to alter the administrative construction.’” (citations omitted)
• “While the Board considers capital notes that are subordinated to depositors’ demands to be part of a bank’s overall capital, it regards them as a less desirable financial cushion than equity.”
• Sec. 3(c) of the Act empowers the Board to deny application on grounds of financial unsoundness, regardless of whether or not transaction Board was reviewing would exacerbate financial unsoundness
• § 3(c) of the Act empowers the Board to deny application on grounds of financial unsoundness, regardless of whether or not transaction Board was reviewing would exacerbate financial unsoundness
• Board expertise to determine financial and competitive effects of bank holding company acquisition
• court deference to Board decision that is based on evidence in record

Source: CourtListener parenthetical corpus (CC0).