F.D.I.C. v. BARHAM

Civ. A. No. 89-0776.

794 F.Supp. 187 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its Corporate Capacity v. Charles E. BARHAM, et al.

United States District Court, W.D. Louisiana, Monroe Division.

December 12, 1991.


Attorney(s) appearing for the Case

Barry W. Ashe, Cecilia C. Woodley, Stephen G. Bullock, Stone, Pigman, Walther, Wittmann & Hutchinson, New Orleans, La., Betty Jean George Ray, Shreveport, La., Marilyn E. Anderson, Washington, D.C., for plaintiff.

Charles W. Salley, Lunn, Irion, Johnson, Salley & Carlisle, Shreveport, La., for Charles C. Barham.

Charles C. Barham, pro se.

David L. Bussell, pro se.

David T. Caldwell, pro se.

Donald G. Kelly, Kelly & Salim, Natchitoches, La., for Roland Dobson.

James Charles McMichael, Jr., Robert Roberts, III, Blanchard, Walker, O'Quin & Roberts, Shreveport, La., for John J. McHale.

J. Samuel O'Donnell, III, pro se.

Robert Sharp, Jr., Sharp & McVea, Ruston, La., W. Craig Henry, James A. Rountree, Hudson, Potts & Bernstein, Monroe, La., for C.A. Reed, Jr.

F. Drake Lee, Jr., Herschel E. Richard, Jr., Dewey W. Corley, Cook, Yancey, King & Galloway, Shreveport, La., for Joe D. Waggonner, Jr.

Philip A. Franco, F.L. Butler, Adams & Reese, New Orleans, La., Duncan L. Clore, Michael Keeley, Jill Giroir, Strasburger & Price, Dallas, Tex., for Federal Ins. Co.

David T. Caldwell, pro se.

Barry W. Ashe, Cecilia C. Woodley, Stephen G. Bullock, Stone, Pigman, Walther, Wittmann & Hutchinson, New Orleans, La., Betty Jean George Ray, F.D.I.C., Shreveport, La., Marilyn E. Anderson, F.D.I.C., Washington, D.C., for F.D.I.C.


RULING

LITTLE, District Judge.

Plaintiff Federal Deposit Insurance Corporation (FDIC) has brought suit against the former officers and directors of the now defunct First National Bank of Ruston (FNBR).

On 10 April 1986, The Office of the Comptroller of the Currency (OCC) closed FNBR and appointed the Federal Deposit Insurance Corporation (FDIC) as the bank's receiver. Exactly three years later, the FDIC...

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