F.D.I.C. v. ABRAMS

Civil Action No. 95-11332-EFH.

968 F.Supp. 19 (1997)

FEDERAL DEPOSIT INSURANCE CORPORATION, as liquidating agent and receiver of Olympic International Bank & Trust Company, Plaintiff, v. Robert ABRAMS, et al., Defendants.

United States District Court, D. Massachusetts.

July 9, 1997.


Attorney(s) appearing for the Case

Anil Madan, Madan & Madan, P.C., Boston, MA, Michael A. Fitzhugh, Fitzhugh & Associates, Boston, MA, for Plaintiff.

James M. Miller, Akerman, Senterfitt & Eidson, PA, Miami, FL, Alan H. Segal, Law Office of Alan H. Segal, Braintree, MA, for Robert Abrams.

Edward J. Lonergan, Boston, MA, for Frank N. Cardullo.

Robert R. Berluti, Robert A. Berluti & Associates, Boston, MA, for Peter S. Donadio.

Evans J. Carter, Hargraves, Karb, Wilcox & Galvani, Framingham, MA, for Jon A. Lichter.

Kenneth M. Goldstein, Goldstein & Goldstein, Brookline, MA, for Joseph A. Milano.

John M. Connolly, Meyer, Connolly & Sloman, Boston, MA, for Victor A. Nicolazzo.

David G. Hanrahan, Boston, MA, for Carol Sawyer Parks.

F. Dennis Saylor, IV, Andrea C. Kramer, Goodwin, Procter & Hoar, Boston, MA, for Dominic J. Saraceno.

Melvin Ravech, Ravech, Roy & Ravech, P.C., Boston, MA, for David Spiegel.

Bartholomew P. Molloy, Molloy & Associates, PC, Milford, MA, for Michael Tierney.

Howard Wayne, Eugene R. Richard, Wayne, Richard, Hurwitz & McAloon, Boston, MA, for Gerald R. Walsh.

Matthew J. McDonnell, Quincy, MA, for Thomas F. Collins, III.

Ira H. Zaleznik, Lawson & Weitzen, Boston, MA, for David Cowens, K.C. Jones.


MEMORANDUM AND ORDER

HARRINGTON, District Judge.

This action was filed by the FDIC Olympic International Bank & Trust Company Receiver ("FDIC Olympic Receiver") to recover on behalf of the Olympic receivership estate millions of dollars in losses resulting from acts of negligence, gross negligence, breach of fiduciary duty, and breach of contract by Olympic International Bank & Trust Company's former...

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