Notice to All Interested Parties of the Termination of the Receivership of 1299, Oaktree Federal Savings, New Orleans, LA and 7804, Oaktree Savings Bank, SSB, 21366-21367 [2011-9127]

Download as PDF 21366 Federal Register / Vol. 76, No. 73 / Friday, April 15, 2011 / Notices seeking separate licenses will be required to file a separate long-form application for its respective license(s). If the license is to be partitioned or disaggregated, the member (or group) filing the long-form application must provide the relevant partitioning or disaggregation agreement in its longform application. In addition, if two or more consortium members wish to be licensed together, they must first form a legal business entity, and any such entity must meet the applicable designated entity criteria. C. Ownership Disclosure Information Report (FCC Form 602) 168. Within ten business days after release of the auction closing public notice, each winning bidder must also comply with the ownership reporting requirements in 47 CFR 1.913, 1.919, and 1.2112 by submitting an ownership disclosure information report for wireless telecommunications services (FCC Form 602) with its long-form application. 169. If an applicant already has a complete and accurate FCC Form 602 on file in ULS, it is not necessary to file a new report, but applicants must verify that the information on file with the Commission is complete and accurate. If the applicant does not have an FCC Form 602 on file, or if it is not complete and accurate, the applicant must submit one. 170. When an applicant submits a short-form application, ULS automatically creates an ownership record. This record is not an FCC Form 602, but may be used to pre-fill the FCC Form 602 with the ownership information submitted on the applicant’s short-form application. Applicants must review the pre-filled information and confirm that it is complete and accurate as of the filing date of the long-form application before certifying and submitting the FCC Form 602. Further instructions will be provided to winning bidders in the auction closing public notice. srobinson on DSKHWCL6B1PROD with NOTICES D. Tribal Lands Bidding Credit 171. A winning bidder that intends to use its license(s) to deploy facilities and provide services to federally recognized tribal lands that are unserved by any telecommunications carrier or that have a wireline penetration rate equal to or below 85 percent is eligible to receive a tribal lands bidding credit as set forth in 47 CFR 1.2107 and 1.2110(f). A tribal lands bidding credit is in addition to, and separate from, any other bidding credit for which a winning bidder may qualify. VerDate Mar<15>2010 16:58 Apr 14, 2011 Jkt 223001 172. Unlike other bidding credits that are requested prior to the auction, a winning bidder applies for the tribal lands bidding credit after the auction when it files its long-form application (FCC Form 601). When initially filing the long-form application, the winning bidder will be required to advise the Commission whether it intends to seek a tribal lands bidding credit, for each license won in the auction, by checking the designated box(es). After stating its intent to seek a tribal lands bidding credit, the applicant will have 180 days from the close of the long-form application filing window to amend its application to select the specific tribal lands to be served and provide the required tribal government certifications. Licensees receiving a tribal lands bidding credit are subject to performance criteria as set forth in 47 CFR 1.2110(f)(3)(vii). 173. For additional information on the tribal lands bidding credit, including how the amount of the credit is calculated, applicants should review the Commission’s rulemaking proceeding regarding tribal lands bidding credits and related public notices. Relevant documents can be viewed on the Commission’s Web site by going to https://wireless.fcc.gov/auctions/ and clicking on the Tribal Lands Credits link. E. Default and Disqualification 174. Any winning bidder that defaults or is disqualified after the close of the auction (i.e., fails to remit the required down payment within the prescribed period of time, fails to submit a timely long-form application, fails to make full payment, or is otherwise disqualified) will be subject to the payments described in 47 CFR 1.2104(g)(2). The payments include both a deficiency payment, equal to the difference between the amount of the bidder’s bid and the amount of the winning bid the next time a license covering the same spectrum is won in an auction, plus an additional payment equal to a percentage of the defaulter’s bid or of the subsequent winning bid, whichever is less. The Bureau set the additional default payment for this auction at fifteen percent of the applicable bid. 175. Finally, in the event of a default, the Commission has the discretion to reauction the license or offer it to the next highest bidder (in descending order) at its final bid amount. In addition, if a default or disqualification involves gross misconduct, misrepresentation, or bad faith by an applicant, the Commission may declare the applicant and its principals ineligible to bid in future auctions, and may take any other PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 action that it deems necessary, including institution of proceedings to revoke any existing authorizations held by the applicant. F. Refund of Remaining Upfront Payment Balance 176. After the auction, applicants that are not winning bidders or are winning bidders whose upfront payment exceeded the total net amount of their winning bids may be entitled to a refund of some or all of their upfront payment. All refunds will be returned to the payer of record, as identified on the FCC Form 159, unless the payer submits written authorization instructing otherwise. Bidders should not request a refund of their upfront payments before the Commission releases a public notice declaring the auction closed, identifying the winning bidders, and establishing the deadlines for submitting down payments, long-form applications, and final payments. Bidders must comply with the specific instructions provided in the Auction 92 Procedures Public Notice for such refunds. Federal Communications Commission. Gary D. Michaels, Deputy Chief, Auctions and Spectrum Access Division, WTB. [FR Doc. 2011–9200 Filed 4–14–11; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Notice to All Interested Parties of the Termination of the Receivership of 1299, Oaktree Federal Savings, New Orleans, LA and 7804, Oaktree Savings Bank, SSB Notice is hereby given that the Federal Deposit Insurance Corporation (‘‘FDIC’’) as Receiver for Oaktree Federal Savings, New Orleans, Louisiana and for Oaktree Savings Bank, SSB (‘‘Receiver’’) intends to terminate its receiverships for said institutions. The Resolution Trust Corporation (‘‘RTC’’) was appointed Receiver for Oaktree Federal Savings and Oaktree Savings Bank, SSB and pursuant to 12 U.S.C. 1441a(m)(1) FDIC succeeded RTC as Receiver. The liquidation of receivership assets has been completed. To the extent permitted by available funds and in accordance with law, the Receiver will be making a final dividend payment to proven creditors. Based on the foregoing, the Receiver has determined that the continued existence of the receiverships will serve no useful purpose. Consequently, notice is given that the receiverships shall be terminated, to be effective no sooner E:\FR\FM\15APN1.SGM 15APN1 21367 Federal Register / Vol. 76, No. 73 / Friday, April 15, 2011 / Notices than thirty days after the date of this Notice. If any person wishes to comment concerning the termination of the receivership, such comment must be made in writing and sent within thirty days of the date of this Notice to: Federal Deposit Insurance Corporation, Attention: Receivership Oversight Department 8.1, 1601 Bryan Street, Dallas, Texas 75201. No comments concerning the termination of these receiverships will be considered which are not sent within this time frame. Dated: April 11, 2011. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2011–9127 Filed 4–14–11; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation Has Been Appointed Either Receiver, Liquidator, or Manager Federal Deposit Insurance Corporation. ACTION: Update Listing of Financial Institutions in Liquidation. AGENCY: Notice is hereby given that the Federal Deposit Insurance Corporation (Corporation) has been appointed the sole receiver for the following financial institutions effective as of the Date Closed as indicated in the listing. This list (as updated from time SUMMARY: to time in the Federal Register) may be relied upon as ‘‘of record’’ notice that the Corporation has been appointed receiver for purposes of the statement of policy published in the July 2, 1992 issue of the Federal Register (57 FR 29491). For further information concerning the identification of any institutions which have been placed in liquidation, please visit the Corporation Web site at https:// www.fdic.gov/bank/individual/failed/ banklist.html or contact the Manager of Receivership Oversight in the appropriate service center. Dated: April 11, 2011. Federal Deposit Insurance Corporation. Pamela Johnson, Regulatory Editing Specialist. INSTITUTIONS IN LIQUIDATION [In alphabetical order] FDIC Ref. No. Bank name City State 10351 ................................................. 10352 ................................................. Nevada Commerce Bank .................. Western Springs National Bank and Trust. Las Vegas ......................................... Western Springs ................................ NV ........ IL .......... BILLING CODE 6714–01–P indirectly acquire voting shares of Coconut Grove Bank, both of Miami, Florida. FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company Board of Governors of the Federal Reserve System, April 12, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–9166 Filed 4–14–11; 8:45 am] srobinson on DSKHWCL6B1PROD with NOTICES [FR Doc. 2011–9158 Filed 4–14–11; 8:45 am] BILLING CODE 6210–01–P The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than May 2, 2011. A. Federal Reserve Bank of Atlanta (Clifford Stanford, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309: 1. Phillip Frost, Miami Beach, Florida; to acquire voting shares of Coconut Grove Bankshares, Inc., and thereby VerDate Mar<15>2010 16:58 Apr 14, 2011 Jkt 223001 FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The application also will be available for inspection at the offices of the Board of Governors. Interested PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 Date closed 04/08/2011 04/08/2011 persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than May 12, 2011. A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 33 Liberty Street, New York, New York 10045–0001: 1. China Investment Corporation and Central Huijin Investment Limited, both in Beijing, China; to become bank holding companies by indirectly acquiring 80 percent of the voting shares of The Bank of East Asia (U.S.A.) National Association, New York, New York. 2. Industrial and Commercial Bank of China Limited, Beijing, China; to become a bank holding company by acquiring 80 percent of the voting shares of The Bank of East Asia (U.S.A.) National Association, New York, New York. E:\FR\FM\15APN1.SGM 15APN1

Agencies

[Federal Register Volume 76, Number 73 (Friday, April 15, 2011)]
[Notices]
[Pages 21366-21367]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-9127]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Notice to All Interested Parties of the Termination of the 
Receivership of 1299, Oaktree Federal Savings, New Orleans, LA and 
7804, Oaktree Savings Bank, SSB

    Notice is hereby given that the Federal Deposit Insurance 
Corporation (``FDIC'') as Receiver for Oaktree Federal Savings, New 
Orleans, Louisiana and for Oaktree Savings Bank, SSB (``Receiver'') 
intends to terminate its receiverships for said institutions. The 
Resolution Trust Corporation (``RTC'') was appointed Receiver for 
Oaktree Federal Savings and Oaktree Savings Bank, SSB and pursuant to 
12 U.S.C. 1441a(m)(1) FDIC succeeded RTC as Receiver. The liquidation 
of receivership assets has been completed. To the extent permitted by 
available funds and in accordance with law, the Receiver will be making 
a final dividend payment to proven creditors.
    Based on the foregoing, the Receiver has determined that the 
continued existence of the receiverships will serve no useful purpose. 
Consequently, notice is given that the receiverships shall be 
terminated, to be effective no sooner

[[Page 21367]]

than thirty days after the date of this Notice. If any person wishes to 
comment concerning the termination of the receivership, such comment 
must be made in writing and sent within thirty days of the date of this 
Notice to: Federal Deposit Insurance Corporation, Attention: 
Receivership Oversight Department 8.1, 1601 Bryan Street, Dallas, Texas 
75201.
    No comments concerning the termination of these receiverships will 
be considered which are not sent within this time frame.

    Dated: April 11, 2011.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2011-9127 Filed 4-14-11; 8:45 am]
BILLING CODE 6714-01-P
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