Legal Opinion
Resolution Trust Corp. v. Walde
District Court, E.D. Virginia
Decided May 4, 1994No. Civ. A. 94-0070-APublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM OPINION
HILTON, District Judge.
The RTC brings this action as receiver of Trustbank Federal Savings Bank (“Trust-bank”) against the former directors of Trust-bank and its predecessor entity Dominion Federal Savings & Loan (“Dominion”). The RTC seeks to recover $20 million from the defendants for breach of fiduciary duty, negligence, gross negligence and violations of federal statutes and regulations.
Each count is based on the defendants’ alleged failure to observe careful lending practices and to comply with thrift regulations in the course of a series of credit transactions with…
2Cases cited17 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Arnold G. Barwick v. The Celotex Corporation, Keene Corporation, Pittsburgh Corning Corporation, H.K. Porter, Forty-Eight Insulations, Inc.Court of Appeals for the Fourth Circuit · 1984
- Seago v. North Carolina Theatres, Inc.District Court, E.D. North Carolina · 1966
- Richmond Redevelopment & Housing Authority v. Laburnum Construction Corp.Supreme Court of Virginia · 1954
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3Cited by8 opinions
- Lumsden v. Design Tech Builders, Inc.Court of Appeals of Maryland · 2000
- Lucas v. Henrico County School BoardDistrict Court, E.D. Virginia · 2011
- Kline v. Nationsbank of Virginia, N.A.District Court, E.D. Virginia · 1995
- Arons v. LalimeDistrict Court, W.D. New York · 1998
- Halstead v. Bilter (In Re Bilter)United States Bankruptcy Court, E.D. Virginia · 2009
3 more not listed; retrieve them via the Exa API.