Legal Opinion
American Casualty Co. v. Sentry Federal Savings Bank
District Court, D. Massachusetts
Decided October 19, 1994No. Civ. A. 91-12050-WGY, 91-11016-WGYPublishedCited by 9 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
YOUNG, District Judge.
I
This declaratory judgment action arises out of a directors’ and officers’ liability insurance policy (the “Policy”) issued by American Casualty Company of Reading, Pennsylvania (“American Casualty”) to Sentry Federal Savings Bank (“Sentry”). The relevant undisputed background is as follows.
On September 21,1990, the Office of Thrift Supervision (“OTS”) placed Sentry in receivership/de novo conservatorship and named the Resolution Trust Corporation (“RTC”) as the conservator. On March 14, 1991, an action was filed in the Massachusetts Superi- or Court…
2Cases cited40 opinions
- Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
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- United States v. MendozaSupreme Court of the United States · 1984
- Town of Newton v. RumerySupreme Court of the United States · 1987
- Muschany v. United StatesSupreme Court of the United States · 1945
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3Cited by9 opinions
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- US Fire Ins. Co. v. FleekopDistrict Court of Appeal of Florida · 1996
- Gonzalez Pina v. RodriguezDistrict Court, D. Puerto Rico · 2003
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