Legal Opinion
Resolution Trust Corporation, as Conservator for Greatamerican Federal Savings and Loan Association v. Aetna Casualty & Surety Company of Illinois
Court of Appeals for the Seventh Circuit
Decided June 1, 1994No. 93-3271PublishedCited by 12 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
This is yet another chapter in the saga of Bevill, Bresler & Sehulman (“BBS”), a Livingston, New Jersey, securities dealer that went bankrupt during the mid-1980s, apparently due to massive fraud perpetrated by its officers. See, e.g., Laurie Cohen & Herb Greenberg, N.J. Securities Firm Goes Bankrupt: Oak Park S & L Owed $30 Million, Chi. Trib., April 9, 1985, at Business p. 1; James Sterngold, Bevill: Fast Growth Based on Repos, N.Y. Times, April 10, 1985, at Dl.
In this action the Resolution Trust Corporation (“the RTC”), as conservator for GreatAmerican Federal…
2Cases cited24 opinions
- State v. WarnerOhio Supreme Court · 1990
- United States v. SerranoCourt of Appeals for the First Circuit · 1989
- Sylvester Marx v. Centran CorporationCourt of Appeals for the Sixth Circuit · 1984
- Manufacturers Hanover Trust Co. v. Drysdale Securities Corp.Court of Appeals for the Second Circuit · 1986
- Carriers Container Council, Inc. v. Mobile Steamship Ass'nSupreme Court of the United States · 1990
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3Cited by12 opinions
- United States v. Johnny J. JacksonCourt of Appeals for the Seventh Circuit · 2007
- General Motors Corp. v. Franchise Tax BoardCalifornia Supreme Court · 2006
- Humboldt Bank v. Gulf InsuranceDistrict Court, N.D. California · 2004
- Board of Trustees of the Aftra Retirement Fund v. JPMorgan Chase Bank, N.A.District Court, S.D. New York · 2011
- Ohio Savings Bank v. Progressive Casualty InsuranceCourt of Appeals for the Eighth Circuit · 2008
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