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RESOLUTION TRUST CORP. v. LUTZ

No. 92-CV-1374.

914 F.Supp. 1163 (1996)

RESOLUTION TRUST CORPORATION v. Alfred J. LUTZ, Jr.

United States District Court, E.D. Pennsylvania.

February 12, 1996.

Attorney(s) appearing for the Case

David Smith, Theresa E. Loscalzo, Stacy J. Levitan, Schnader, Harrison, Segal & Lewis, Philadelphia, PA, for plaintiff.

Alfred J. Lutz, Jr., Fairton, NJ, pro se.

MEMORANDUM

JOYNER, District Judge.

Before this Court is Plaintiff Resolution Trust Corporation's ("RTC") Motion for Summary Judgment.1 The RTC's claim is for $127 million from the Defendant, Alfred J. Lutz, Jr., a director and officer of Hill Financial Savings Association ("Hill"). It alleges that in that capacity, Lutz was grossly negligent under 12 U.S.C. § 1821(k) (1989 & Supp.1995) and breached his fiduciary duties...

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