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FEDERAL SAV. AND LOAN INS. CORP. v. BRENNER

Civ. A. No. CA 3-87-0637-G.

96 B.R. 72 (1988)

The FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION as Receiver for Vernon Savings and Loan Association, FSA, Plaintiff, v. Jack R. BRENNER, Defendant.

United States District Court, N.D. Texas, Dallas Division.

October 26, 1988.

Attorney(s) appearing for the Case

Ann C. Kerney, David A. Ives, Leonard, Marsh, Hurt & Terry & Blinn, Dallas, Tex., for plaintiff; David I. Hammond, Barry S. Zisman, William G. Compton, Arter, Hadden & Witts, Dallas, Tex., Samuel J. Winer, Paul H. Friedman, Arter & Hadden, Jordan Luke, Dorothy Nichols, Charles McDonald, Office of the Gen. Counsel, Washington, D.C., of counsel.

Arnold Anderson Vickery, Vickery & Kilbride, Houston, Tex., for defendant.

MEMORANDUM ORDER

FISH, District Judge.

This case is before the court on the motion for summary judgment of plaintiff, the Federal Savings and Loan Insurance Corporation ("FSLIC"). For the reasons stated below, the motion is granted.

I. Background

On March 19, 1987, Vernon Savings and Loan Association ("VSLA") was declared insolvent and FSLIC was appointed as receiver. A new federally-chartered mutual association, VSLA-FSA, was created...

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