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F.D.I.C. v. ONEBEACON MIDWEST INS. CO.

No. 11 C 3972.

883 F.Supp.2d 754 (2012)

The FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for Wheatland Bank, Plaintiff/Counter-Defendant, v. ONEBEACON MIDWEST INSURANCE COMPANY, Defendant/Counter-Plaintiff. OneBeacon Midwest Insurance Company, Plaintiff, v. Lewis Mark Spangler, Arthur P. Sundry, Michael A. Sykes, Leonard Eichas, Frnak Maly, Dolores Ritter, Mary Davolt, Beverly Harvey, Michael Rees, and Norman Beles, Third-Party Defendants.

United States District Court, N.D. Illinois, Eastern Division.

July 10, 2012.

Attorney(s) appearing for the Case

David C. Giles , Kelly Martin Warner , Lawrence Harris Heftman , Susan Willoughby Anderson, Antony S. Burt , Schiff Hardin LLP, for Plaintiff/Counter-Defendant.

Geoffrey Alexander Belzer, Michael P. Tone , Kimberly Elizabeth Blair , Wilson, Elser, Moskowitz, Edelman & Dicker, LLP, Chicago, IL, Thomas James Judge , Thompson, Loss & Judge, LLP, Washington, DC, John Randall Riddle , Justin Melkus , Michael Feiler , Michael Keeley , Toni Scott Reed , Strasburger & Price, LLP, Dallas, TX, for Defendant/Counter-Plaintiff.

Allison Renee Grow , Cassandra Anne Crotty , Eugene J. Schiltz , Coleman Law Firm, Jerry Scott Menge , Robert F. Coleman , Sean Brendan Crotty , Robert F. Coleman & Associates, Chicago, IL, for Third-Party Defendants.

Kelly McCloskey Cherf   Patrick Edward Deady , Evan J. Haim , Hogan Marren, Ltd., Theodore Thomas Poulos , Cotsirilos, Tighe, Streicker, Poulos, & Campbell, Ltd., Marty Basu , Kirkland & Ellis LLP, Chicago, IL, for Plaintiff/Counter-Defendant/Third-Party Defendants.

MEMORANDUM OPINION

JOHN F. GRADY, District Judge.

Before the court are: (1) the third-party defendants' motion to strike and dismiss or sever and transfer the claims against them; and (2) the Federal Deposit Insurance Corporation's ("FDIC") motion to dismiss. For the reasons explained below, we grant the third-party defendants' motion, and grant in part, and deny in part, the FDIC's motion.

BACKGROUND

1. The FDIC's Complaint...

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