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FEDERAL DEPOSIT INS. CORP. v. LINDQUIST & VENNUM

Civ. No. 3-87-781.

702 F.Supp. 749 (1989)

FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver for First State Bank of Sisseton, Sisseton, South Dakota, Farmers State Bank, Maddock, North Dakota and The Lewistown Bank, Lewistown, Illinois, Plaintiff, v. LINDQUIST & VENNUM, a general partnership, Defendant.

United States District Court, D. Minnesota, Third Division.

January 10, 1989.

Attorney(s) appearing for the Case

John D. Levine, Brian E. Palmer, Laurie A. Vasichek, Dorsey & Whitney, Minneapolis, Minn., for plaintiff.

Robert Bayer, Henson & Efron, Minneapolis, Minn., for defendant.

ORDER

DEVITT, District Judge.

The plaintiff has moved for summary judgment. Based upon the submitted memoranda and all records, files and proceedings herein, the motion is granted.

Background

In this case, the FDIC is acting as receiver for three separate banks: the First State Bank of Sisseton in Sisseton, South Dakota; the Farmers State Bank in Maddock, North Dakota; and the Lewistown Bank in Lewistown, Illinois. Mary Curtain,...

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