GRANT COUNTY SAV. & LOAN v. RESOLUTION TRUST CORP.

No. 91-2977.

968 F.2d 722 (1992)

GRANT COUNTY SAVINGS & LOAN ASSOCIATION, SHERIDAN, ARKANSAS, Appellee, v. RESOLUTION TRUST CORPORATION, as Receiver for Savers Federal Savings & Loan Association, Resolution Trust Corporation, as Receiver for Savers Savings Association, Appellants.

United States Court of Appeals, Eighth Circuit.

Decided July 6, 1992.


Attorney(s) appearing for the Case

Harry A. Light, Little Rock, Ark., argued (Munsell St. Clair and Christopher J. Bellotto, Washington, D.C., on the brief), for appellants.

Frank H. Bailey, Mountain Home, Ark., argued, for appellee.

Before FAGG, BOWMAN, and WOLLMAN, Circuit Judges.


PER CURIAM.

In this case, arising out of the failure of a savings and loan association, the Resolution Trust Corporation (RTC) and Grant County Savings & Loan Association (Grant County) brought cross-motions for summary judgment. The district court granted summary judgment in Grant County's favor, Grant County Sav. & Loan Ass'n v. Resolution Trust Corp., 770 F.Supp. 1374 (E.D.Ark.1991), and the RTC appeals. We reverse...

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