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FEDERAL DEP. INS. CORP. v. ABRAHAM

Civ. A. Nos. 77-2248, 75-957 and 75-2402.

501 F.Supp. 221 (1980)

FEDERAL DEPOSIT INSURANCE CORPORATION v. Wilson P. ABRAHAM, Felix L. Aucoin, Henry E. Braden, III, Otto B. Candies, Clifton S. Carl, Clarence C. Clifton, Jr., Joseph W. Dirosa, Alonzo G. Ensenat, Murray C. Fincher, Frank J. Friedler, Sr., Jack W. Grissom, Jr., Remus A. Hebert, E. Stewart Maunsell, II, A. Brown Moore, Sam B. Paciera, Eads Poitevent, Jr., Clarence Scheps, John R. Sitton, Jr., T. G. Solomon, Sr., Edward F. Wegmann, and H. D. West. FOSTER PETROLEUM COMPANY v. INTERNATIONAL CITY BANK AND TRUST COMPANY. Eddie R. HAMMONDS v. INTERNATIONAL CITY BANK AND TRUST COMPANY and Fernando J. Cuquet, Jr.

United States District Court, E. D. Louisiana.

November 6, 1980.

Attorney(s) appearing for the Case

Louis J. Dutrey of Coleman, Dutrey, Thomson, Meyer & Jurisich, New Orleans, La., for movants/third party defendants.

James P. Farwell of Chaffe, McCall, Phillips, Toler & Sarpy, New Orleans, La., for third party plaintiffs, Aucoin et al.

James B. Irwin of Montgomery, Barnett, Brown & Read, New Orleans, La., for third party plaintiff, Eads Poitevent.

CHARLES SCHWARTZ, Jr., District Judge.

This matter is before the Court on motions to dismiss third-party complaints; it is a part of a complex ongoing litigation. There is no dispute as to relevant facts. The defendants-third-party plaintiffs and the third-party defendants were all at various times directors of the International City Bank and Trust Company, a New Orleans financial institution. The Louisiana Commissioner of Financial Institutions closed the bank on...

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