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FEDERAL DEPOSIT INS. CORP. v. MILLER

No. 90 C 5515.

781 F.Supp. 1280 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, v. Laurence MILLER, Barbara Miller, Edwin Carey, Gilbert Demange, William Lancaster, Charles Marshall, Kenneth Phillips, John Zak and Mary Stanley, Defendants. Edwin CAREY, Charles Marshall, Kenneth Phillips, Laurence Miller and Barbara Miller, Defendants/Counterplaintiffs, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff/Counterdefendant. Edwin CAREY, Charles Marshall and Kenneth Phillips, Defendants/Third-Party Plaintiffs, v. OFFICE OF THRIFT SUPERVISION, Third-Party Defendants. Edward CAREY and Charles Marshall, Defendants/Third-Party Plaintiffs, v. OFFICE OF COMMISSIONER OF SAVINGS AND RESIDENTIAL FINANCE, Third-Party Defendants.

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

November 15, 1991.

Attorney(s) appearing for the Case

Michael Joseph Higgins, William A. Spence, Freeborn & Peters, Chicago, Ill., Bridget A. Gauntlett, U.S. Dept. of Justice, Civ. Div., Washington, D.C., for plaintiff/counter defendant.

Barbara Matusik Miller, pro se.

John B. Simon, Russ M. Strobel, Nina E. Vinik, Jenner & Block, Karla Wright, Karla Wright, Ltd., Chicago, Ill., Richard L. Lucas, Richard L. Lucas & Associates, Ltd., Addison, Ill., Walter Peter Maksym, Jr., Walter P. Maksym & Associates, Oak Brook, Ill., William H. Theis, Chicago, Ill., for defendants/counter-claimants, third-party plaintiffs and third-party defendants.

MEMORANDUM OPINION AND ORDER

HOLDERMAN, District Judge:

Plaintiff, Federal Deposit Insurance Corporation ("FDIC") brought this action against defendants, Laurence Miller, Barbara Miller, Edwin Carey, Gilbert Demange, William Lancaster, Charles Marshall, Kenneth Phillips, John Zak, and Mary Stanley, former directors and officers of Lyons Federal Trust and Savings ("Lyons") and its subsidiary service corporations. The FDIC claims breach of fiduciary duties...

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