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RESOLUTION TRUST CORP. v. CONTINENTAL CAS. CO.

Civ. A. No. 88-1061-T.

799 F.Supp. 77 (1992)

RESOLUTION TRUST CORPORATION, in its corporate capacity, Plaintiff, v. CONTINENTAL CASUALTY COMPANY, one of the CNA Insurance Companies, Defendant.

United States District Court, D. Kansas.

September 14, 1992.

Attorney(s) appearing for the Case

H.E. Jones, Hershberger, Patterson, Jones & Roth, Wichita, Kan., Peter Sullivan and Edward Grant, Hinshaw, Culbertson, Moelmann, Hoban & Fuller, Chicago, Ill., on brief, for defendant.

Kenneth G. Gale, Focht, Hughey & Calvert, Wichita, Kan., on brief, for plaintiff.

MEMORANDUM AND ORDER

THEIS, District Judge.

First Federal Savings Bank of Newton, Kansas ("First Federal") brought this action against defendant Continental Casualty Company, seeking a declaration that certain losses incurred by it on two construction loans are covered under a savings and loan blanket bond issued to First Federal by the defendant. The loans in question were issued by First Federal's wholly-owned subsidiary, Construction Mortgage Corporation...

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