Ronald Dale Payne v. Security Savings & Loan Association, F.A.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
FLAUM, Circuit Judge.
Security Savings and Loan (Security Savings) discharged plaintiff Ronald Payne from his position as Branch Manager and Loan Officer in February, 1985. Payne brought suit against Security Savings in district court, claiming that he was terminated because of his age in violation of the Age Discrimination in Employment Act, 29 U.S.C. § 621 et seq. In February, 1989, a jury agreed. By agreement of the parties, the issue of damages was then submitted to the district court. But before the court could hold a hearing on damages, Security Savings was declared insolvent and closed…
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