Resolution Trust Corp. v. Gallagher
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
KOCORAS, District Judge:
This matter is before the Court pursuant to plaintiffs request that the Court rule on the issue of whether damages in this case should be apportioned on a pro tanto or on a comparative fault basis. For the reasons set forth below, we determine that the comparative fault settlement bar rale should apply.
BACKGROUND
This action is being pursued by plaintiff, Resolution Trust Corporation (“RTC”), against the above-named defendants, who are the former directors and officers of Concordia Federal Bank of Savings (“Concordia”) and its wholly owned subsidiary,…
2Cases cited17 opinions
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
- Raymond J. Donovan, Secretary of Labor v. Loran W. Robbins, and Allen M. DorfmanCourt of Appeals for the Seventh Circuit · 1985
- In Re Jiffy Lube Securities LitigationCourt of Appeals for the Fourth Circuit · 1991
- Franklin v. Kaypro Corp.Court of Appeals for the Ninth Circuit · 1989
- Alvarado Partners, L.P. v. MehtaDistrict Court, D. Colorado · 1989
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3Cited by3 opinions
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- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Gus S. Mijalis, and Gus S. MijalisCourt of Appeals for the Fifth Circuit · 1994