Legal Opinion

Federal Deposit Ins. Corp. v. Zaborac

District Court, C.D. Illinois

Decided August 27, 1991No. 88-1140PublishedCited by 29 opinions

1Opinion of the Court

ORDER

MIHM, District Judge.

Before the Court is a Motion by the Garnishee Defendant, American Casualty Company of Reading, Pennsylvania, for summary judgment (# 26) on the claim asserted against it. For the reasons set forth in this opinion, this Motion is granted.

BACKGROUND

Joe R. Gibson, the original Plaintiff in this action, commenced this action by filing a shareholder derivative complaint against the directors and officers of the bank, Wayne Grove, Linda Grove, Margie Zaborac, Chester Jacobus, George Baylor, and Harry Tarter — in the Circuit Court of the Ninth Judicial District, Fulton…

2Cases cited32 opinions

  1. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  2. Connolly v. Union Sewer Pipe Co.Supreme Court of the United States · 1902
  3. Kaiser Steel Corp. v. MullinsSupreme Court of the United States · 1982
  4. Muschany v. United StatesSupreme Court of the United States · 1945
  5. George Moore Ice Cream Co. v. RoseSupreme Court of the United States · 1933

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3Cited by29 opinions

  1. 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
  2. W Holding Company, Inc. v. AIG Insurance Company - PuertoCourt of Appeals for the First Circuit · 2014
  3. Federal Deposit Insurance Corporation, Plaintiff-Intervenor/appellant v. American Casualty Company of Reading, Pa.Court of Appeals for the Tenth Circuit · 1992
  4. United States v. Northrop Corp.District Court, N.D. Illinois · 1993
  5. Federal Deposit Insurance Corporation, in Its Corporate Capacity v. American Casualty Company of Reading, Pa., Garnishee Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Margie Zaborac, Chester Jacobus, George Baylor, and Harry Tarter, Wayne Grove and Linda Grove, and American Casualty Company of Reading, Pa., GarnisheeCourt of Appeals for the Seventh Circuit · 1993

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