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F.D.I.C. v. OLDENBURG

Nos. 91-4102, 91-4144.

38 F.3d 1119 (1994)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its capacity as Manager of the FSLIC Resolution Fund, statutory successor to FSLIC in its corporate capacity, Plaintiff-Appellee, v. J. William OLDENBURG, Investment Mortgage International, Inc., Empire State West, Landfund, Ltd., James W. Rossetti, Charles H. Burgardt, MGIC Indemnity Corporation, American Casualty Insurance Company of Reading, Defendants, and Martin L. Mandel, Defendant-Appellant.

United States Court of Appeals, Tenth Circuit.

October 18, 1994.

Attorney(s) appearing for the Case

Neil A. Kaplan, of Clyde, Pratt & Snow, Salt Lake City, UT (Martin L. Mandel, pro se on the briefs), for defendant/appellant.

John R. Gall, of Squire, Sanders & Dempsey, Columbus, OH (Herschel J. Saperstein of Watkiss & Saperstein, Salt Lake City, UT, David W. Alexander and Philomena M. Dane, of Squire, Sanders & Dempsey, Columbus, OH, with him on the briefs), for plaintiff/appellees, F.D.I.C.

Before SEYMOUR, Chief Judge, LOGAN, and RONEY, Circuit Judges.

SEYMOUR, Chief Judge.

The Federal Deposit Insurance Corporation (FDIC) brought suit against certain former officers and directors of State Savings & Loan Association of Salt Lake City, Utah (State Savings) for fraud and negligence in their operation of State Savings. Mr. Mandel, a former director of State Savings, appeals a judgment against him for fraud in connection with State Saving's acquisition of a parcel of real estate in California known as Park Glen....

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