Mauck v. MADING-DUGAN DRUG COMPANY

MEMORANDUM OPINION AND ORDER .

BAUER, District Judge.

This cause comes on the motion of certain defendants to dismiss the first and second cross-claims of Texas Consumer Finance Corporation.

The instant action arose out of the acquisition in December, 1968 of Fidelity General Insurance Company (hereinafter “Fidelity General”) by a group of corporations and individuals, including the Mading-Dugan Drug Company, (hereinafter the “Mading-Dugan Group”) and the subsequent liquidation of Fidelity General.

The instant suit is brought by the Illinois Director of Insurance, qua Liquidator of Fidelity…