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REIERSON v. RESOLUTION TRUST CORP.

No. 93-1245.

16 F.3d 889 (1994)

Milton REIERSON, Appellant, v. RESOLUTION TRUST CORPORATION, as Receiver for First Federal Savings and Loan Association of Thief River Falls, Minnesota, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided February 15, 1994.

Attorney(s) appearing for the Case

Counsel who presented argument on behalf of the appellant was Michael Lee Jorgenson of Thief River Falls, Minnesota.

Counsel who presented argument on behalf of the appellee was Tracy Joan Van Steeburgh of Minneapolis, Minnesota.

Before FAGG, Circuit Judge, ROSS, Senior Circuit Judge, and MAGILL, Circuit Judge.

ROSS, Senior Circuit Judge.

Appellant Milton Reierson is the former president and chief executive officer of First Federal Savings and Loan Association of Thief River Falls, Minnesota (First Federal). Prior to February 24, 1989, Reierson had a deferred compensation agreement with First Federal as part of a retirement plan. On that date and prior to his retirement, First Federal entered into an irrevocable trust agreement with him, under which Reierson, as beneficiary...

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