FEDERAL SAV. AND LOAN INS. v. TRANSAMERICA INS.

No. 87 C 6996.

705 F.Supp. 1328 (1989)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, in its corporate capacity, Plaintiff, v. TRANSAMERICA INSURANCE COMPANY, a California insurance corporation, Defendant and Third-Party Plaintiff, v. John F. ROSCH, et al.

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

January 25, 1989.


Attorney(s) appearing for the Case

William J. McKenna, John F. Zabriskie, Hopkins & Sutter, Chicago, Ill., for plaintiff.

Gary L. Griffin, Neal R. Novak, McNeela & Griffin, Ltd., Chicago, Ill., for defendant and third-party plaintiff.

Michael A. Braun, Ira N. Helfgot, Braun & Rivkin, Ltd., Chicago, Ill., for third-party defendant John F. Rosch.

Michael Weininger, Katz Randall & Weinberg, Chicago, Ill., for third-party defendant John Edwards.

Elliott D. Hartstein, Cohon, Raizes & Regal, Chicago, Ill., Mark S. Werbner, Marc W. Joseph, Carrington, Coleman, Sloman & Blumenthal, Dallas, Tex., for third-party defendant Harry Sugg.


MEMORANDUM OPINION AND ORDER

HOLDERMAN, District Judge:

Plaintiff Federal Savings and Loan Insurance Corporation ("FSLIC") is a corporate instrumentality and an agency of the United States, operating under the direction of the Federal Home Loan Bank Board ("FHLBB"). FSLIC filed its one-count complaint against defendant Transamerica Insurance Company ("Transamerica") on August 7, 1987. The complaint alleges that Transamerica wrongfully denied FSLIC's claim...

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