Resolution Trust Corp. v. Hedden
District Court, N.D. Mississippi
1Opinion of the Court
MEMORANDUM OPINION
DAVIDSON, District Judge.
Currently before the court is the motion of RLI Insurance Company, Third-Party Defendant in this cause, for an entry of Summary Judgement in its favor. After careful consideration, this court finds the motion well taken, and it shall be granted.
FACTUAL BACKGROUND
The United States Government, through the Office of Thrift Supervision, placed Delta Federal Savings and Loan Association (“Delta”) into receivership in 1990. The Resolution Trust Corporation (“RTC”) was named receiver for Delta, and conducted a review of Delta’s past lending practices. After…
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