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RESOLUTION TRUST CORP. v. HEDDEN

Civ. A. No. 3:92cv047-D-D.

879 F.Supp. 600 (1995)

RESOLUTION TRUST CORPORATION, in its corporate capacity, as successor to the Federal Savings and Loan Insurance Corporation and as Receiver for Delta Federal Savings and Loan Association, Plaintiff, v. William Hayes HEDDEN, Tom Parks Miller, William Oliver Williford, John Holmes McWilliams, Eugene A. Stansel, Jr. and Travis E. Cooper, Defendants, v. RLI INSURANCE COMPANY, Third-Party Defendant.

United States District Court, N.D. Mississippi, Western Division.

March 9, 1995.

Attorney(s) appearing for the Case

Robert E. Hauberg, Jr., Jackson, MS, for plaintiff.

Jerome C. Hafter, Lake, Tindall & Thackston, Greenville, MS, Robert Lawson Holladay, Townsend, McWilliams & Holladay, Drew, MS, Shelby Duke Goza, Hickman, Goza & Gore, Oxford, MS, for defendants.

Donna M. Barnes, Mitchell, McNutt, Threadgill, Smith & Sams, Tupelo, MS, Scott R. Schaffer, Wilson, Elser, Moskowitz, Eldelman & Dicker, New York City, for third-party defendant.

MEMORANDUM OPINION

DAVIDSON, District Judge.

Currently before the court is the motion of RLI Insurance Company, Third-Party Defendant in this cause, for an entry of Summary Judgment in its favor. After careful consideration, this court finds the motion well taken, and it shall be granted.

FACTUAL BACKGROUND

The United States Government, through the Office of Thrift Supervision, placed Delta Federal Savings and Loan Association...

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