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NATIONAL CREDIT UNION ADMIN. v. FIRST NAT. BANK

No. 85 C 4874.

690 F.Supp. 1580 (1988)

NATIONAL CREDIT UNION ADMINISTRATION BOARD, as Liquidating Agent for Zionic Federal Credit Union, Plaintiff, v. FIRST NATIONAL BANK OF CHICAGO, as Executor of the Estate of Robert Kent, Defendant. FIRST NATIONAL BANK OF CHICAGO, as Executor of the Estate of Robert Kent, Counter-Plaintiff, v. NATIONAL CREDIT UNION ADMINISTRATION BOARD, as Liquidating Agent for Zionic Federal Credit Union, Counter-Defendant, and Howard Fischer, Howard Tignor, et al., Third-Party Defendants.

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

May 26, 1988.

Attorney(s) appearing for the Case

Julie L. Murphy, Jeffrey C. Blumenthal, Stephen A. Gorman, Kenneth M. Soldat, Foran, Wiss & Schultz, Chicago, Ill., for plaintiff.

Donald R. Brewer, Donald R. Brewer, Chtd., Chicago, Ill., for defendant.

MEMORANDUM OPINION AND ORDER

HOLDERMAN, District Judge:

In May 1985 the National Credit Union Administration Board ("NCUAB") as Liquidating Agent for Zionic Federal Credit Union ("Zionic") brought this action against Robert Kent for collection on a promissory note. In August 1985 Mr. Kent brought a third-party complaint/counterclaim against Zionic and others. In January 1986 this court denied NCUAB's motion to dismiss Count One and Three of Mr. Kent's counterclaim...

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