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FIRST NAT. BANK v. UNISYS FINANCE CORP.

Nos. 91 C 1050, 91 C 1884.

779 F.Supp. 85 (1991)

The FIRST NATIONAL BANK OF CHICAGO, Plaintiff, v. UNISYS FINANCE CORPORATION and the Resolution Trust Corporation, etc., Defendants. UNISYS FINANCE CORPORATION, Plaintiff, v. The FIRST NATIONAL BANK OF CHICAGO and the Resolution Trust Corporation, etc., Defendants.

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

October 25, 1991.

Attorney(s) appearing for the Case

Lynn Adrian Goldstein, Cynthia H. Hyndman, First National Bank of Chicago, Chicago, Ill., for plaintiff First Nat. Bank of Chicago.

Michael D. McCormick, Coffield, Ungaretti, Harris & Slavin, Chicago, Ill., for defendant Unisys Finance Corp.

Thomas R. Meites, Michael M. Mulder, Annette Ruth Appell, Meites, Frackman & Mulder, Chicago, Ill., for defendant Resolution Trust Corp.

MEMORANDUM OPINION

GRADY, District Judge.

This case, arising under the Federal Deposit Insurance Act, 12 U.S.C. § 1821(e), comes before the court on the motion of defendant Resolution Trust Corporation ("RTC") to dismiss the complaint of plaintiff Unisys Finance Corporation ("Unisys") (No. 91 C 1884). For the reasons stated below, RTC's motion is granted.

FACTS

In June 1987, Concordia Federal Bank for Savings ("Concordia") entered...

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