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FEDERAL SAVINGS AND LOAN INSURANCE CORP. v. HOGAN

No. 71-1902.

476 F.2d 1182 (1973)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, an Agency of the United States, Plaintiff-Appellee, v. Quinn HOGAN, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided March 29, 1973.

Attorney(s) appearing for the Case

Douglas W. Graham, Chicago, Ill., for defendant-appellant.

Merrill Shepard, Donald Page Moore, Kael B. Kennedy, Chicago, Ill., for plaintiff-appellee.

Before SWYGERT, Chief Judge, DUFFY, Senior Circuit Judge, and SPRECHER, Circuit Judge.

SPRECHER, Circuit Judge.

Defendant Quinn Hogan appeals from a jury verdict giving the plaintiffs a $20,000 judgment against him for conspiracy to defraud. We reverse.

Plaintiff Federal Savings and Loan Insurance Corporation, a federal agency (FSLIC), became the owner of the property, assets and causes of action of Service Savings and Loan Association, an Illiois savings and loan institution in Summit, Illinois, in September, 1965, as a result of an agreement...

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