F.D.I.C. v. CAPLAN

Civ. A. No. 92-2189.

874 F.Supp. 741 (1995)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its Corporate Capacity v. Marvin L. CAPLAN, et al.

United States District Court, W.D. Louisiana, Alexandria Division.

January 11, 1995.


Attorney(s) appearing for the Case

John A. Broadwell, U.S. Attorney's Office, Shreveport, LA, J. Christopher Kohn, David S. Klontz, Dept. of Justice, Civ. Div., Washington, DC, for F.D.I.C.

Richard L. McGimsey, Steffes & MacMurdo, Baton Rouge, LA, William B. Owens, Crowell & Owens, Alexandria, LA, for Marvin L. Caplan, John F. Marzullo, Charles Trent, Darrel V. Willet, Sr.

Richard L. McGimsey, Steffes & MacMurdo, Baton Rouge, LA, Charles S. Weems, III, Gold Weems Bruser Sues & Rundell, Alexandria, LA, for Claude Davis, Jr., Paul Price.

William H. deLaunay, Jr., H. Brenner Sadler, Stephen D. Wheelis, Provosty Sadler & deLaunay, Alexandria, LA, for Ralph W. Graham, A.A. Kelley, Jr., Randolph A. Monsur.

Charles S. Weems, III, Gold Weems Bruser Sues & Rundell, Alexandria, LA, for Louis Joseph, Jr., Stafford G. Kees Succession, Sr.

Wade N. Kelly, William J. Mize, Mary Louise Fullington, Carmouche Law Firm, Lake Charles, LA, for Ragan K. Nelson.

Richard L. McGimsey, Steffes & MacMurdo, Steven E. Adams, McCollister & McCleary, Baton Rouge, LA, for Curt H. Smith.

Richard L. McGimsey, Steffes & MacMurdo, Baton Rouge, LA, Frederick M. Stoller, McClaskey Langenstein & Stoller, New Orleans, LA, William B. Owens, Crowell & Owens, Alexandria, LA, for Robert B. Tudor, Jr.

Eugene R. Preaus, Kyrstil B. Cook, Preaus Roddy & Krebs, New Orleans, LA, for Fidelity & Deposit Co. of Maryland.


RULING

LITTLE, District Judge.

This case involves claims brought by the Federal Deposit Insurance Corporation against former directors of First Bank of Pineville, Louisiana, alleging breach of fiduciary duty of care and loyalty. Before this court is the motion of defendant Randolph A. Monsur for a judgment on the pleadings. Defendant Monsur argues that (1) the FDIC's complaints are barred by prescription and (2) the FDIC failed to allege specific...

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