Legal Opinion
Resolution Trust Corp. v. Farmer
District Court, E.D. Pennsylvania
Decided August 2, 1993No. Civ. A. 92-3310PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM
GILES, District Judge.
As receiver for Horizon Financial F.A. (“Horizon”), a former federal savings and loan association located in Pennsylvania, the Resolution Trust Corporation (“RTC”) brought suit against Horizon’s former directors, officers, and attorneys (collectively “DOA Defendants”), 1 seeking damages for their alleged mismanagement of the defunct association. The gravamen of the RTC’s amended complaint is that the DOA Defendants, in their various capacities, permitted Horizon to engage in highly speculative, unsound and poorly-documented lending practices, particularly with…
2Cases cited35 opinions
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- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Gomez v. ToledoSupreme Court of the United States · 1980
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
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3Cited by10 opinions
- Bond v. MessermanCourt of Appeals of Maryland · 2006
- Holland v. MayfieldMississippi Supreme Court · 1999
- United States v. J & D Enterprises of DuluthDistrict Court, D. Minnesota · 1997
- MJM Holdings Inc. v. SimsOhio Court of Appeals · 2019
- Estate of Burke v. Mahanoy CityDistrict Court, E.D. Pennsylvania · 1999
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