1. Home
  2. Browse Decisions
  3. F.3d
  4. 137 F.3d
  5. 137 F.3d 264 (1998)
 

F.D.I.C. v. ABRAHAM

No. 97-30411.

137 F.3d 264 (1998)

FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver and subrogee of Capital-Union Savings FA and Capital-Union Savings Association and in its corporate capacity as manager of the FSLIC Resolution Fund, Plaintiff-Appellant, v. Insa S. ABRAHAM, et al., Defendants, Insa S. Abraham, Naylor M. Cragin, James S. Emery, Charles C. Garvey, William L. Miller, G. Allen Penniman, Jr., Raymond G. Post, Jr., M.J. Rathbone, Jr., Paul R. Reeves, Robert M. Stuart, O.M. Thompson, Jr., O.M. Thompson, III, William H. Wright, Jr., Daniel H. Hoffman, Jr., Hibernia National Bank, in its capacity as curator of the property and estate of Henry W. Jolly, Jr., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

March 13, 1998.

Attorney(s) appearing for the Case

Lawrence H. Richmond, FDIC, Legal Div., Washington, DC, Victor L. Roy, III, Kyle M. Keegan, Susannah M. Denicola, Roy, Kiesel & Tucker, Baton Rouge, LA, Maria Beatrice Valdez, FDIC, Washington, DC, Donna Garbarino Schwab, Baton Rouge, LA, for Plaintiff-Appellant.

Charles S. Weems, III, James Ogden Middleton, II, Gold, Weems, Bruser, Sues & Rundell, Alexandria, LA, for Abraham.

William C. Kaufman, III, Baton Rouge, LA, for Cragin, Reeves and Hoffman.

Catherine Susan St. Pierre, Scott Holland Crawford, Baton Rouge, LA, for Emery and Miller.

Tom F. Phillips, Robert Wylie Barton, Harry Joseph Philips, Jr., Taylor, Porter, Brooks & Phillips, Baton Rouge, LA, for Garvey, Penniman, Post, Rathbone, Stuart, O.M. Thompson, Jr. and Wright.

A. Shelby Easterly, III, Denham Springs, LA, for O.M. Thompson, III.

Charles L. Stern, Jr., Steeg & O'Connor, New Orleans, LA, A. Leon Hebert, David O. Mooney, Baton Rouge, LA, for Hibernia Nat. Bank.

George Davidson Fagan, New Orleans, LA, for Gaudet, Robert S. Maloney, Sr., Heidingsfelder, Michell, Robert S. Maloney, Jr., Riedl and Lecler, Amicus Curiae.

Before JOLLY, WIENER and STEWART, Circuit Judges.

WIENER, Circuit Judge:

The FDIC, as statutory successor to the RTC, appeals the district court's grant of summary judgment dismissing the suit filed by the RTC in June 1993 against fifteen (15) former officers and directors (collectively, Appellees) of Capital-Union Savings, F.A. The gravamen of the district court's judgment was its determination that the claims asserted against Appellees for breach of their fiduciary duties sounded in unintentional tort, i.e., negligence...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases