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FEDERAL DEPOSIT INS. CORP. v. FARRIS

No. CIV-88-2289-A.

738 F.Supp. 444 (1989)

FEDERAL DEPOSIT INSURANCE CORPORATION, a corporation, Plaintiff, v. Don FARRIS, William Bush, Don Ellis, Leon Farris, Loren Jennings, and Charles Portwood, Defendants.

United States District Court, W.D. Oklahoma.

October 17, 1989.

Attorney(s) appearing for the Case

Donna N. Blakley, Watson & McKenzie, Oklahoma City, Okl., Jack M. Englert, Jr., and Geraldine A. Brimmer, Holland & Hart, Denver, Colo., for plaintiff.

Robert F. Bourk, Ben F. Meek, III, Garland Bloodworth, Carl F. Wemhoener, Bloodworth & Associates, John B. Hayes, Suzanne Broadbent, Looney Nichols Johnson & Hayes, Elizabeth Riley Castleberry, and Terry W. Tippens, Fellers Snider Blankenship Bailey & Tippens, Oklahoma City, Okl., for defendants.

Charles Portwood, Lanesville, Ind., pro se.

ORDER

ALLEY, District Judge.

The defendant Don Ellis ("Ellis") has moved to dismiss the complaint, claiming that the plaintiff, Federal Deposit Insurance Corporation ("FDIC"), did not file within the statute of limitations. After review of the briefs and the relevant law, the Court denies Ellis' motion.

The FDIC has correctly identified the two-step procedure to determine the statute of limitations for actions against officers and directors of a...

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