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PEARLSTEIN v. MARYLAND DEPOSIT INS. FUND

No. 940, September Term, 1988.

79 Md. App. 41 (1989)

555 A.2d 528

ALLAN H. PEARLSTEIN v. MARYLAND DEPOSIT INSURANCE FUND.

Court of Special Appeals of Maryland.

March 31, 1989.

Attorney(s) appearing for the Case

James P. Ulwick (Andrew Jay Graham, Kathleen A. Birrane and Kramon & Graham, P.A., on the brief), Baltimore, for appellant.

Peter H. Gunst (Shale D. Stiller, Robert B. Levin and Frank, Bernstein, Conaway & Goldman, on the brief), Baltimore, for appellee.

Argued before MOYLAN, GARRITY and BLOOM, JJ.

BLOOM, Judge.

This appeal is but another episode in the seemingly never-ending saga of the collapse of Old Court Savings & Loan, Inc. (Old Court). The players in this installment are by now familiar ones: appellant, Allan H. Pearlstein, is a former officer and director of Old Court and one of its principal stockholders; appellee, Maryland Deposit Insurance Fund (MDIF) is the statutory receiver for Old Court. The litigation that spawned this appeal is part of MDIF...

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