UNITY SAV. ASS'N v. FEDERAL SAV. & LOAN INS. CORP.

No. 82 C 1763.

573 F.Supp. 137 (1983)

UNITY SAVINGS ASSOCIATION, an Illinois stock savings and loan association; and Bass Financial Corporation, a Delaware corporation, on behalf of itself and derivatively on behalf of Unity Savings Association, Plaintiffs, v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, in its capacity as an insurance corporation and in its capacity as receiver of the seized assets of the business of Unity Savings Association; Federal Home Loan Bank Board, an administrative agency of the United States Government; Richard Pratt and Andrew Di Prete, members of the Federal Home Loan Bank Board; and H. Brent Beesley, director of the Federal Savings and Loan Insurance Corporation, Defendants.

United States District Court, N.D. Illinois, E.D.

May 31, 1983.


Attorney(s) appearing for the Case

Michael Braun, Feiwell, Galper & Lasky Ltd., Chicago, Ill., for plaintiffs.

Dan K. Webb, U.S. Atty., Robert W. Patterson, John L. Rogers, III, Hopkins & Sutter, Chicago, Ill., for defendants.


MEMORANDUM OPINION

FLAUM, District Judge:

This matter is before the court on the following motions: (i) the motion of defendant Federal Savings and Loan Insurance Corporation ("FSLIC"), in its corporate capacity and as receiver for plaintiff Unity Savings Association, an Illinois stock savings and loan association ("Unity"), and defendant Federal Home Loan Bank Board ("FHLB") to dismiss Count IV of the complaint against them for lack of subject matter jurisdiction...

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