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SNYDER v. BANK ONE, KENTUCKY, N.A.

No. 96-1697.

113 F.3d 774 (1997)

John K. SNYDER, Donald E. Hedrick and Hoosier Bancorp of Indiana, Incorporated, Plaintiffs-Appellants, v. BANK ONE, KENTUCKY, N.A., f/k/a Liberty National Bank & Trust Company Of Louisville, Joseph W. Phelps, President, Liberty National Bank & Trust Company of Louisville, and Douglas H. Madison, Senior Vice President of Liberty National Bank & Trust Company of Louisville, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided May 15, 1997.

Rehearing and Suggestion for Rehearing Denied June 9, 1997.

Attorney(s) appearing for the Case

Michael K. Sutherlin, Sutherlin & Associates, Indianapolis, IN, Patrick R. James (argued), Little Rock, AR, for Plaintiffs-Appellants.

John R. Crockett, III, Sheryl G. Snyder (argued), Brown, Todd & Heyburn, Louisville, KY, William C. Potter, II, Indianapolis, IN, Victor B. Maddox, Tachau, Maddox & Hovious, Louisville, KY, for Defendants-Appellees.

Before POSNER, Chief Judge, and CUDAHY and ROVNER, Circuit Judges.

Rehearing and Suggestion for Rehearing En Banc Denied June 9, 1997.

CUDAHY, Circuit Judge.

In this race to the courthouse, the plaintiffs, debtors Hoosier Bancorp of Indiana, Inc. (Hoosier) and John Snyder, and guarantor Donald Hedrick, sued Bank One (f/k/a Liberty) pressing various claims and allegations. These included conspiracy between the Office of the Comptroller of the Currency (OCC) and Bank One to prevent Hedrick from participating in Hoosier business...

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