RESOLUTION TRUST CORP. v. GALLAGHER

No. 92 C 1091.

800 F.Supp. 595 (1992)

RESOLUTION TRUST CORPORATION, Plaintiff, v. Francis X. GALLAGHER, Vincent J. Gavin, John J. Gill, John W. Gilluly, Gordon A. Groebe, Joseph M. Heidecker, Lawrence Klinger, Louis J. Kole, Gary K. Kummer, Matthew J. Lamb, H. Richard Landis, Edward A. Long and Milton Meyers, Defendants.

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

July 10, 1992.


Attorney(s) appearing for the Case

Alan Francis Curley, Fay Clayton, Steven A. Ramirez, Robinson, Curley & Clayton, P.C., Stephen Novack, Timothy John Miller, Novack & Macey, Chicago, Ill., for plaintiff.

Sean Malone Sullivan, Ross & Hardies, P.C., Chicago, Ill., for defendant Francis X. Gallagher.

Gordon B. Nash, Jr., Gardner, Carton & Douglas, Chicago, Ill., for defendant Vincent J. Gavin.

Edmund Patrick Burke, Thomas M. Lake, Burke & Burke, Ltd., Chicago, Ill., for defendant John J. Gill.

George W. Groble, Donald G. Groble, Groble & Groble, Ltd., Chicago, Ill., for defendant John W. Gilluly.

Michael D. Walsh, Gierach, Schussler & Walsh, Ltd., Oak Lawn, Ill., for defendant Gordon A. Groebe.

Locke E. Bowman, III, Royal B. Martin, Jr., Daniel Thomas Hartnett, Martin, Brown, Sullivan & Bowman, Chicago, Ill., for defendant Joseph M. Heidecker.

Susan Bogart, Chicago, Ill., for defendant Lawrence Klinger.

John Joseph Reidy, Edward P. Freud, Dean J. McElroy, Ruff, Weidenaar & Reidy, Ltd., Chicago, Ill., for defendant Louis J. Kole.

Donald L. Mrozek, John Joseph Foran, Peter D. Sullivan, Hinshaw & Culbertson, Chicago, Ill., Daniel M. Purdom, Hinshaw & Culbertson, Lisle, Ill., for defendant Gary K. Kummer.

Michael J. O'Rourke, Robert Walter Tarun, Bruce Roger Braun, Winston & Strawn, Jack J. Crowe, Sidley & Austin, Chicago, Ill., for defendants Matthew J. Lamb, H. Richard Landis.

George Patrick Lynch, George P. Lynch, Ltd., Chicago, Ill., for defendant Edward A. Long.


MEMORANDUM OPINION

KOCORAS, District Judge:

This matter comes before the court on defendants' motions to dismiss pursuant to Rule 12(b)(6) Fed.R.Civ.P., or in the alternative for a more definite statement pursuant to Rule 12(e). For the reasons set forth below, the motions are granted in part, and denied in part.

BACKGROUND

Plaintiff Resolution Trust Corporation ("the Corporation") filed this...

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