Resolution Trust Corp. v. Williams

MEMORANDUM AND ORDER

VAN BEBBER, Chief Judge.

This case is before the court on the Motion of Defendants Wilson M. Williams and David D. Padgett, Sr. for Partial Summary Judgment (Doc. 241). In this action, plaintiff Resolution Trust Corporation (RTC), as receiver of Colonial Savings Association (Colonial), seeks monetary damages from defendants Wilson M. Williams and David D. Padgett, Sr., former officers and directors of Colonial, for negligence, gross negligence, and breach of fiduciary duties. In their motion, defendants seek dismissal of plaintiffs claims of simple negligence and breach of…