RANDOLPH v. RESOLUTION TRUST CORP.

No. 92-2394.

995 F.2d 611 (1993)

Robert L. RANDOLPH, et al., Plaintiff-Counter Defendants Appellants, v. RESOLUTION TRUST CORPORATION, As Receiver for First South Savings Association, Defendant-Counter Plaintiff Cross Plaintiff Third Party Plaintiff Appellant-Appellee, v. PHILLIPS, KING & SMITH, Attorneys at Law, et al., Defendants Cross Defendants Appellees, v. E. ASHLEY SMITH, P.C., et al. Third Party Defendants Appellees.

United States Court of Appeals, Fifth Circuit.

July 19, 1993.


Attorney(s) appearing for the Case

James L. Cornell, Tammy C. Manning, Gilpin, Paxson & Bersch, Houston, TX, David R. Boyd, Joseph G. Davis, Linda A. Madrid, Washington, DC, for RTC.

Miller B. Walker, Jr., Gregory Lynn Hennig, Houston, TX, for Randolph, et al.

Daniel K. Hedges, Porter & Clements, Houston, TX, for Ashley & Smith only.

J. Preston Wrotenbery, Hirsch, Glover, Robinson & Sheiness, Houston, TX, for Phillips, King & Smith.

Before WISDOM, DAVIS, and SMITH, Circuit Judges.


PER CURIAM:

I.

A.

In 1984, John Beeson entered into an agreement with two other individuals to purchase a controlling interest in Lincoln Savings & Loan ("Lincoln") in Miami, Florida. As counsel, the investors chose the firm of Phillips, King & Smith (the "Firm"). The Federal Home Loan Bank Board ("FHLBB") objected to the participation of the two individuals, and they withdrew. Beeson then collected a group of other investors, including...

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