In re RISDIC LITIGATION (Brown University Employees Credit Union).
Supreme Court of Rhode Island.https://leagle.com/images/logo.png
August 10, 1995.
August 10, 1995.
Attorney(s) appearing for the Case
Bradford Gorham, Gorham & Gorham, Inc., William G. Grande, Paul V. Gallogly, Aram R. Schefrin, Lovett, Schefrin, Gallogly & Harnett, Providence, H. Lee Godfrey, James T. McCartt, Susman Godfrey L.L.P., Houston, TX, for plaintiffs.
Leonard Decof, John S. Foley, Decof & Grimm, Providence, for Allan M. Shine, Receiver of RISDIC and Edward D. Pare, Jr., Receiver of Brown University Employees Credit Union.
James E. Carroll, Peabody & Arnold, Boston, MA, Sheila High King, Kirsten M. Lacovara, Peabody & Arnold, Providence, Harvey Weiner, Peabody & Arnold, Boston, MA, for Certain former Directors & Officers of Brown University Employees Credit Union.
Stephen P. Nugent, James McAleer, McAleer & McAleer, Providence, for defendants Norman Baris and William J. McEnery.
Michael S. Schwartz, Mandell, DeLuca & Schwartz, Ltd., Providence, for defendant Joseph Bellucci, in his capacity as a RISDIC Director.
William C. Dimitri, Dimitri & Dimitri, Providence, for defendant Peter Nevola.
Eva Marie Mancuso, Katherine Boyle O'Mealey, Hamel, Waxier, Allen & Collins, Providence, for defendant Alan Washburn, Jr., in his capacity as a RISDIC Director.
Peter J. McGinn, Tillinghas, Collins & Graham, Providence, Jerome G. Snider, Davis Polk & Wardwell, New York City, for defendant Ernst & Young.
Supreme Court of Rhode Island.
OPINION
PER CURIAM.
This case came before a hearing panel of this court for oral argument on June 27, 1995. After hearing the oral arguments and examining the briefs filed by the receiver of the Brown University Employees Credit Union (Brown), the receiver of Rhode Island Share and Deposit Indemnity Corporation (RISDIC), certain former RISDIC directors, certain former directors and officers of Brown, and examining...
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