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FEDERAL DEPOSIT INSURANCE CORP. v. GREENWOOD

No. 87-3266.

739 F.Supp. 450 (1989)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, v. Russell GREENWOOD, et al., Defendants.

United States District Court, C.D. Illinois, Springfield Division.

March 2, 1989.

Attorney(s) appearing for the Case

Cheryl Ragel Stickel, Mohan, Alewelt & Prillaman, Springfield, Ill., Richard G. Smolev, Sachnoff, Weaver & Rubenstein, Ltd., Chicago, Ill., Marilyn E. Anderson, F.D. I.C., Washington, D.C., for plaintiff.

Charles E. Holt, Graham & Graham, Springfield, Ill., Louis C. Roberts, Christopher J. Graham, Raymond J. Jast, Peterson, Ross, Schloerb & Seidel, Chicago, Ill., for Russell Greenwood, J. Ellis Hicks, John L. Spinner, Myrel L. Whitmyer and William Young.

Kelly D. Long, Hillsboro, Ill., for William Young.

Alan Pretnar, Taylor Springs, Ill., for Russell Greenwood.

Dave Duez, Bruce H. Schoumacher, McDermott, Will & Emery, Chicago, Ill., for John Spinner & Myrel L. Whitmyer.

ORDER

RICHARD MILLS, District Judge:

This cause is before the Court regarding the jury instructions to be given. The parties are in disagreement over three main issues: (1) the standard of care applicable to the Defendants; (2) the applicable statute of limitations; and (3) circumstances in which the applicable statute of limitations is tolled.

I—Standard of Care

Plaintiff contends that the applicable standard of care is that which...

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