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SLAUGHTER v. AMERICAN CAS. CO.

Civ. No. B-C-92-23.

842 F.Supp. 376 (1993)

Bob SLAUGHTER, Preston Grace, Jr., Howard Tripp, R.E. Bell, James D. Hill, Howard House, E.J. Massey, John Freeman, Jeffery Hance and the Resolution Trust Corporation, Plaintiffs, v. AMERICAN CASUALTY COMPANY OF READING, PENNSYLVANIA, Defendant.

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

December 22, 1993.

Attorney(s) appearing for the Case

John M. Belew, Batesville, AR, Richard T. Donovan, and Patricia J. Heritage, Rose Law Firm, H. William Allen, Allen Law Firm, Little Rock, AR, Carolyn A. Arthur, Resolution Trust Corp., Legal Div., Overland Park, KS, for plaintiffs.

Jim L. Julian, Chisenhall, Nestrud & Julian, P.A., Little Rock, AR, Michael P. Tone, and Anne Fiedlet, Peterson & Ross, Chicago, IL, for defendant.

MEMORANDUM OPINION AND ORDER

GEORGE HOWARD, Jr., District Judge.

The former directors and officers of Independence Federal Bank of Batesville, Arkansas ("Independence") and the Resolution Trust Corporation ("RTC") as Receiver bring this declaratory judgment action to determine the coverage provided by a Directors and Officers liability policy ("D & O policy") issued by American Casualty Company ("ACCO").

On March 29, 1993, the Court entered...

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