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BURRUS, COOTES AND BURRUS v. MACKETHAN

No. 75-2130.

537 F.2d 1262 (1976)

BURRUS, COOTES AND BURRUS et al., Appellants, v. Edwin R. MacKETHAN, Receiver of Norfolk Savings and Loan Corporation, Appellee.

United States Court of Appeals, Fourth Circuit.

Decided July 21, 1976.

Attorney(s) appearing for the Case

Robert M. Hughes, III, and C. Michael Montgomery, Norfolk, Va. (Richard S. Harman, Jerrold G. Weinberg, Seawell, McCoy, Dalton, Hughes, Gore & Timms, Stackhouse, Weinberg & Stewart, Norfolk, Va., on brief), for appellants.

J. Vernon Patrick, Jr., Birmingham, Ala. (Barton S. Sacher, Berkowitz, Lefkovitz & Patrick, Birmingham, Ala., Oren R. Lewis, Jr., John E. Fricker, Lewis, Wilson, Cowles, Lewis & Jones, Ltd., Arlington, Va., on brief), for appellee.

Before RUSSELL, Circuit Judge, WIDENER, Circuit Judge, and WYZANSKI, Senior District Judge.

WYZANSKI, Senior District Judge:

This is an appeal by defendants from a judgment in the United States District Court for the Eastern District of Virginia against them based upon a jury's verdict of $1,100,000 for plaintiff.

Plaintiff is the receiver of Norfolk Savings and Loan Corporation, organized as an Industrial Loan Corporation under the laws of Virginia. Defendants are Burrus, Cootes, and Burrus, a partnership engaged in the practice of certified public...

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