Federal Sav. and Loan Ins. Corp. v. Shelton
District Court, M.D. Louisiana
1Opinion of the Court
RULING ON FDIC’S MOTION FOR PARTIAL SUMMARY JUDGMENT AS TO REGULATORY EXCLUSION IN AMERICAN CASUALTY POLICY
POLOZOLA, District Judge.
This matter is before the Court for a determination of whether the regulatory exclusion set forth in a policy issued to the officers and directors of Sun Belt Federal Bank, F.S.B. (Sun Belt) is valid.
The Federal Deposit Insurance Corporation (FDIC) has filed suit against American Casualty Company of Reading, Pennsylvania (“American Casualty”) 1 based on a Director’s and Officer’s Liability policy issued to Sun Belt by American Casualty.
The insurance agreement…
2Cases cited9 opinions
- Schroeder v. Board of Sup'rsSupreme Court of Louisiana · 1991
- Garcia v. St. Bernard Parish School Bd.Supreme Court of Louisiana · 1991
- Finci v. American Casualty Co. of ReadingCourt of Appeals of Maryland · 1991
- Caravan Refrigerated Cargo, Inc. v. YaquintoCourt of Appeals for the Fifth Circuit · 1989
- American Casualty Company of Reading, Pennsylvania v. Federal Deposit Insurance Corporation John W. Christensen John W. Christensen, Jr. Eric Gustafson Gunnar E. Hanson Gerald R. Jensen Vernon M. Peterson Chester G. Sjoberg Donald N. Wieland and Michael G. Tolzin, American Casualty Company of Reading, Pennsylvania v. Federal Deposit Insurance Corporation, John W. Christensen John W. Christensen, Jr. Eric Gustafson Gunnar E. Hanson Gerald R. Jensen Vernon M. Peterson Chester G. Sjoberg Donald N. Wieland and Michael G. TolzinCourt of Appeals for the Eighth Circuit · 1991
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3Cited by8 opinions
- St. Paul Fire and Marine Insurance Company v. Federal Deposit Insurance Corporation, as Receiver of the State Bank of Greenwald, Minnesota v. Douglas A. Winter Bernadine Winter Robert J. OsendorfCourt of Appeals for the Eighth Circuit · 1992
- Federal Deposit Insurance Corporation, Plaintiff-Intervenor/appellant v. American Casualty Company of Reading, Pa.Court of Appeals for the Tenth Circuit · 1992
- American Casualty Co. v. Sentry Federal Savings BankDistrict Court, D. Massachusetts · 1994
- American Casualty Company of Reading, Pennsylvania v. Federal Deposit Insurance CorporationCourt of Appeals for the Seventh Circuit · 1994
- Resolution Trust Corp. v. HeddenDistrict Court, N.D. Mississippi · 1995
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