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GAFF v. FEDERAL DEPOSIT INSURANCE CORPORATION

Nos. 88-1566, 89-1044 and 89-1066.

933 F.2d 400 (1991)

Joel R. GAFF, on behalf of himself, as a class action on behalf of all others similarly situated, and as a stockholder's derivative action for the benefit of the corporation, Plaintiff-Appellant, Federal Deposit Insurance Corporation, in its corporate capacity, Intervening Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Receiver of National Bank & Trust Co. of Traverse City, a National Banking Association, et al.; David E. Pearce; Bruce W. Mann; and other unknown defendants (88-1566), Defendants-Appellees. Robert S. COLLINS; Maxine Collins; Mark S. Collins; Karen Collins Brown; Margaret C. Strong; Carter C. Strong, Jr.; Brian E. Strong; Nancy R. Strong; Arthur Versluis; Frank W. Tezak; Donald Arnold; Thereon McGillis; Elizabeth McGillis; Howard Reenders; Bernard Schiopieray; Virginia Schiopieray; Keith Rose; Donald G. Jennings; Donald C. McKenzie; Amber C. Mark; Bernard L. Pleva; Irene Pleva; Paul Pleva; John R. Pleva; Donna K. Pleva; Vernon Elzinga; George W. Kelderhouse; Agnes C. Kelderhouse; Gerald J. Brow; William C. Andresen; Diann Godbold, on behalf of themselves, and as a class action on behalf of others, as herein described, defined, similarly situated, Plaintiffs-Appellants, v. Bruce W. MANN; Bernard J. Kroupa; James P. Preuett, and other unknown defendants (89-1044/1066), Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

May 20, 1991.

ORDER ON MOTION FOR APPROVAL OF SETTLEMENT AND ON PETITION TO REHEAR

After issuing its opinion in the Gaff case, No. 88-1566, on November 19, 1990, 919 F.2d 384, the Court requested our Court's Settlement Officer, Mr. Robert Rack, to determine if the Gaff case, No. 88-1566, and the Collins case, Nos. 89-1044 and 89-1066, may be settled in order to avoid the expense of further litigation. As a result the parties...

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