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SLAUGHTER v. AMERICAN CAS. CO. OF READING, PA.

No. 94-1152.

37 F.3d 385 (1994)

Bob SLAUGHTER; Preston Grace, Jr.; Howard Tripp; R.E. Bell; James D. Hill; Howard House; E.J. Massey; John Freeman; Jeffrey Hance; Resolution Trust Corporation, Appellees, v. AMERICAN CASUALTY COMPANY OF READING, PENNSYLVANIA, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided October 3, 1994.

Attorney(s) appearing for the Case

Michael P. Tone, Chicago, IL, argued (Jim L. Julian and Janie W. McFarlin, Little Rock, AK, on the brief), for appellant.

Wendi Sloane Weitman, Chicago, IL, argued (John M. Belew, Batesville, AK, H. William Allen, Little Rock, AK, B.J. Hickert, Overland Park, KS, and Richard T. Donovan and Patricia J. Heritage, Little Rock, AK, on the brief), for appellees.

Before MORRIS SHEPPARD ARNOLD, Circuit Judge, JOHN R. GIBSON, Senior Circuit Judge, and MICHAEL J. MELLOY, Chief District Judge.

JOHN R. GIBSON, Senior Circuit Judge.

American Casualty Company of Reading, Pennsylvania, appeals from a declaratory judgment entered in favor of the Resolution Trust Corporation and the former directors and officers of the Independence Federal Bank of Batesville, Arkansas. The order declared that an officers' and directors' insurance policy issued by American Casualty provided coverage to the officers and directors, and that the regulatory exclusion included in the...

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