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RESOLUTION TRUST CORP. v. KPMG PEAT MARWICK

No. 93 C 0108.

845 F.Supp. 621 (1994)

RESOLUTION TRUST CORPORATION, in its corporate capacity, Plaintiff, v. KPMG PEAT MARWICK, Peat Marwick Main & Co., Peat, Marwick, Mitchell & Co., and Ronald L. Friske, Defendants.

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

February 25, 1994.

Attorney(s) appearing for the Case

Michael Allen Childers, S.E.C., Fay Clayton, Steven A. Ramirez, Robinson, Curley & Clayton, P.C., Chicago, IL, Steven A. Hammond, Jeffrey R. Coleman, Hughes, Hubbard & Reed, New York City, for plaintiff.

Robert D. McLean, Melville Willis Washburn, Linton Jeffries Childs, Jeffrey R. Tone, Sidley & Austin, Chicago, IL, for defendants.

MEMORANDUM OPINION AND ORDER

ALESIA, District Judge.

The Resolution Trust Corporation ("RTC") filed its Complaint to recover an amount alleged to be in excess of $50 million in compensatory damages from KPMG Peat Marwick, Peat Marwick Main & Co., Peat, Marwick, Mitchell & Co., and Ronald L. Friske ("Peat Marwick") arising out of Peat Marwick's auditing Horizon Federal Savings Bank (formerly First...

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