RESOLUTION TRUST CORP. v. GALLAGHER

No. 92 C 1091.

815 F.Supp. 1107 (1993)

RESOLUTION TRUST CORPORATION, Plaintiff, v. Francis X. GALLAGHER, Vincent J. Gavin, John J. Gill, John W. Gilluly, Gordon A. Groebe, Joseph M. Heidecker, Lawrence Klinger, Louis J. Kole, Gary K. Kummer, Matthew J. Lamb, H. Richard Landis, Edward A. Long, and Milton Meyers, Defendants.

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

February 10, 1993.


Attorney(s) appearing for the Case

Alan Francis Curley, Fay Clayton, Steven A. Ramirez, Robinson, Curley & Clayton, P.C., Stephen Novack, Timothy John Miller, Novack & Macey, Chicago, IL, for Resolution Trust Corp.

Sean Malone Sullivan, Ross & Hardies, P.C., Chicago, IL, for Francis X. Gallagher.

Gordon B. Nash, Jr., Gardner, Carton & Douglas, Chicago, IL, for Vincent J. Gavin.

Edmund Patrick Burke, Thomas M. Lake, Burke & Burke, Ltd., Chicago, IL, for John J. Gill.

George W. Groble, Donald G. Groble, Groble & Groble Ltd., Chicago, IL, for John W. Gilluly.

Michael D. Walsh, Gierach, Schussler & Walsh, Ltd., Oak Lawn, IL, for Gordon A. Groebe.

Locke E. Bowman, III, Niles, IL, Daniel Thomas Hartnett, Martin, Brown, Sullivan & Bowman, Chicago, IL, Royal B. Martin, Jr., Martin, Brown, Sullivan & Bowman, Ltd., Chicago, IL, for Joseph M. Heidecker.

Susan Bogart, Chicago, IL, for Lawrence Klinger.

John Joseph Reidy, Edward P. Freud, Dean J. McElroy, Ruff, Weidenaar & Reidy, Ltd., Chicago, IL, for Louis J. Kole.

Donald L. Mrozek, John Joseph Foran, Peter D. Sullivan, Hinshaw & Culbertson, Chicago, IL, Daniel M. Purdom, Hinshaw & Culbertson, Lisle, IL, for Gary K. Kummer.

Michael J. O'Rourke, Robert Walter Tarun, Jack J. Crowe, Bruce Roger Braun, Winston & Strawn, Chicago, IL, for Matthew J. Lamb, H. Richard Landis.

George Patrick Lynch, Downers Grove, IL, for Edward A. Long.


MEMORANDUM OPINION

KOCORAS, District Judge:

This matter is before the Court pursuant to plaintiff's request that the Court rule on the issue of whether damages in this case should be apportioned on a pro tanto or on a comparative fault basis. For the reasons set forth below, we determine that the comparative fault settlement bar rule should apply.

BACKGROUND

This action is being pursued by plaintiff, Resolution Trust Corporation ("RTC"...

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