Evans v. Valleywood Savings Assn.

On June 12, 1986, defendant-appellee Connie J. Harris, Superintendent of Savings and Loan Associations (“Superintendent”), took possession of the business and property of defendant-appellee Valleywood Savings Association (“Valleywood”), an insolvent savings and loan association, pursuant to R.C. Chapter 1157. The Superintendent filed a notice in the Hamilton County Court of Common Pleas, calling upon all of Valleywood’s claimants and creditors to submit proofs of claim against the Valleywood liquidation estate for determination.

In July 1987, the Superintendent filed a separate lawsuit,…