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{{6-30-92 p.A-1863}}
   [5172] In the Matter of James C. Amberg, et al v. Federal Deposit Insurance Corporation,Docket No. FDIC-89-144k (1-7-92)

   This order refers to the decision of the Fifth Circuit (at 934 F.2d 681) which reversed a decision of the FDIC. See In the Matter of James C. Amberg, Robert Ray Carroll, Roscoe P. Steen, W.M. Causey, Billy Ray Whitehead, and Benny Zeagler, The Olla State Bank, Olla, Louisiana, ¶5154B at page A-1542.14.

In the Matter of
JAMES C. AMBERG, et al.,
v.
FEDERAL DEPOSIT INSURANCE
CORPORATION



ORDER

   The Board of Directors ("Board") of the Federal Deposit Insurance Corporation has reviewed and considered the decision of the United States Court of Appeals for the Fifth Circuit ("Court") in the matter. In compliance with the remand directive of the Court, it is hereby ORDERED that the default order previously entered in this matter shall be vacated. It is further ordered that this matter is hereby remanded to the Administrative Law Judge for further proceedings in accordance with the opinion of the Court.
   By direction of the Board of Directors.
   Dated at Washington, D.C. this 7th day of January, 1992.

/sig/Hoyle L. Robinson
Executive Secretary

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