Legal Opinion
Resolution Trust Corp. v. Vestal
District Court, E.D. Texas
Decided July 23, 1993No. 1:92-CV-0096PublishedCited by 1 opinion
1Opinion of the Court
ORDER
COBB, District Judge.
I. BACKGROUND
The Resolution Trust Corporation (“RTC”), as receiver for Deep East Texas Savings Association (“DETSA”), sues DET-SA’s former directors and shareholders for allegedly making certain bad loans to insiders, improperly diverting loan proceeds, and engaging in reckless loan and investment transactions. The RTC is asserting causes of action for breach of fiduciary duty, fraud, negligence, gross negligence, and civil conspiracy. It claims damages in excess of five million dollars.
II. RTC’S MOTION TO STRIKE AFFIRMATIVE DEFENSES OR FOR PARTIAL SUMMARY JUDGMENT
In…
2Cases cited6 opinions
- United States v. GaubertSupreme Court of the United States · 1991
- Brown & Williamson Tobacco Corp. v. United StatesCourt of Appeals for the Sixth Circuit · 1953
- Barbara Ronda Meliezer, Wife Of/and Karl A. Loetzerich v. Resolution Trust Company, as Receiver for Home Savings and Loan AssociationCourt of Appeals for the Fifth Circuit · 1992
- FDIC v. Eckert Seamans Cherin & MellottDistrict Court, E.D. New York · 1990
- Federal Deposit Ins. Corp. v. CrosbyDistrict Court, W.D. Washington · 1991
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Lagniappe Operating, LLC v. PPU, LLCDistrict Court, S.D. Mississippi · 2021