FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION as Receiver of Sun Belt Federal Bank, F.S.B.
v.
Wendell P. SHELTON, et al.
United States District Court, M.D. Louisiana.https://leagle.com/images/logo.png
February 28, 1992.
February 28, 1992.
Attorney(s) appearing for the Case
John M. Wilson, Trial Atty., Frederick W. Bradley, James D. McMichael, Cheryl V. Cunningham, Liskow & Lewis, New Orleans, La., for FDIC, as manager of the FSLIC Resolution Trust Fund, as receiver for SBFB, F.S.B.
Frank J. Gremillion, Baton Rouge, La., Ronald B. Ravikoff, Zuckerman, Spaeder, Taylor & Evans, Miami, Fla., for Wendell P. Shelton.
Sam J. D'Amico, D'Amico & Curet, Baton Rouge, La., for A. Larry Tullos.
Scott H. Crawford, James R. Lewis, Preis & Crawford, Baton Rouge, La., for Robert N. Amacker, Jr., Robert B. Holt, Jr., Harold Dennis, Reynold Minsky, and Bruce Betts.
William A. Hargiss, Monroe, La., for Glenn D. Tanner.
William V. Dalferes, McGlinchey, Stafford, Cellini & Lang, New Orleans, La., for Flournoy Guenard.
Jon C. Adcock, Brook, Morial, Cassibry & Pizza, Baton Rouge, La., Fred J. Cassibry, Jan T. van Loon, Brook, Morial, Cassibry & Pizza, New Orleans, La., for Harry O. Adcock.
Marianne S. Pensa, Galloway, Johnson, Tompkins & Burr, New Orleans, La., Murray H. Wright, Edward E. Nicholas, III, Laura G. Fox, Wright, Robinson, McCammon, Osthimer & Tatum, Richmond, Va., for Continental Cas. Co. and American Cas. Co. of Reading, Pa.
Charles A. Schutte, Jr., Matthews, Atkinson, Guglielmo, Marks & Day, Baton Rouge, La., for Frederick Duplantis.
United States District Court, M.D. Louisiana.
RULING ON FDIC'S MOTION FOR PARTIAL SUMMARY JUDGMENT AS TO REGULATORY EXCLUSION IN AMERICAN CASUALTY POLICY
POLOZOLA, District Judge.
This matter is before the Court for a determination of whether the regulatory exclusion set forth in a policy issued to the officers and directors of Sun Belt Federal Bank, F.S.B. (Sun Belt) is valid.
The Federal Deposit Insurance Corporation (FDIC) has filed suit against American Casualty Company of Reading, Pennsylvania...
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