RESOLUTION TRUST CORP. v. EVERHART

No. 2:92CV1235.

837 F.Supp. 155 (1993)

RESOLUTION TRUST CORPORATION, in its corporate capacity, Plaintiff, v. Edgar S. EVERHART, et al., Defendants.

United States District Court, E.D. Virginia, Norfolk Division.

November 19, 1993.


Attorney(s) appearing for the Case

Joseph J. Giordano, John S. Nevin, James A. Johnson, Richard A. Froehlinger, Semmes, Bowen & Semmes, Baltimore, MD and Nancy R. Grunberg, D. Annette Fields, Mark D. Director, Fields & Director, P.C., Washington, DC and A. Gregory Melchior, Karen L. Kropp, Patricia K. Horton, Resolution Trust Corp., Atlanta, GA, for plaintiff.

Timothy A. Coyle, Martha Martin Poindexter, Francis N. Crenshaw, Crenshaw, Ware & Martin, Norfolk, VA, for Edgar S. Everhardt.

Jerrold G. Weinberg, Weinberg & Stein, P.C., Norfolk, VA and John K. Villa, John D. Cline, Williams & Connolly, Washington, DC, for Robert F. Babb, Thomas N. Downing, Philip S. Farrand, Roy B. Martin, Jr., Corbin B. White, and Barkley C. Winn.

Peter Lake, Charles M. Lollar, Heilig, McKenry, Fraim & Lollar, Norfolk, VA, for Hugh L. Dougherty, Jr.

Alexander P. Smith, Norfolk, VA and Melvin J. Radin, Norfolk, VA, for Harry Knickerbocker.

David Young Faggert, Stewart J. Sacks, Faggert & Freiden, P.C., Chesapeake, VA, for interested party Virginia Beach Federal Sav. Bank.

Jerry Lee Bowman, Robert W. McFarland, McGuire, Woods, Battle & Boothe, Norfolk, VA, for Mrs. Frank M. Miles, Patricia M. King, Nationsbank, N.A. (formerly Sovran Bank, N.C.), trustee of Frank M. Miles Family Trust A and the Frank M. Miles Marital Trust B.


MEMORANDUM OPINION

RICHARD L. WILLIAMS, Senior District Judge.

This matter is before the Court on defendants' motion for summary judgment or, in the alternative, partial summary judgment pursuant to Fed.R.Civ.Proc. 56. For the reasons stated below, the Court grants defendants' motion for summary judgment.

I. Background

On December 7, 1992, the Resolution Trust Corporation...

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