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FSLIC v. LANDRY

Civ. A. No. 88-2252.

701 F.Supp. 570 (1988)

FSLIC, As Receiver for Northlake Federal Savings and Loan Association v. Mildred M. LANDRY, et. al.

United States District Court, E.D. Louisiana.

December 22, 1988.

Attorney(s) appearing for the Case

Ryan & Willeford, John H. Ryan, Trial Atty., James F. Willeford, Gordon P. Serou, Jr., New Orleans, La., Federal Home Loan Bank Bd., Rodney Solenberger, Trial Atty., Office of Gen. Counsel, Washington, D.C., for FSLIC.

Dan A. Smetherman, New Orleans, La., for Leddy Trust A, Leddy Trust B.

Landwehr & Hof, Ronald J. Hof, Merrill T. Landwehr, New Orleans, La., for Mildred M. Landry, John A. Leddy.

ORDER AND REASONS

FELDMAN, District Judge.

Plaintiff, Federal Savings & Loan Insurance Corporation, as Receiver for Northlake Federal Savings and Loan Association moves for summary judgment. Defendants, Mildred M. Landry, wife of/and John A. Leddy, Leddy Trust A, and Leddy Trust B have filed a cross-motion for summary judgment in response. Plaintiff's Motion is GRANTED. Defendants' Motion is DENIED.

These motions focus attention on a novel and...

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