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FEDERAL DEPOSIT INS. CORP. v. HOWSE

Civ. A. No. H-89-1908.

736 F.Supp. 1437 (1990)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, v. James HOWSE, et al., Defendants.

United States District Court, S.D. Texas, Houston Division.

May 4, 1990.

Attorney(s) appearing for the Case

James C. Winton, Baker, Hostetler, McCutchen & Black, Houston, Tex., for plaintiff.

Abbe David Lowell, Brand & Lowell, Washington, D.C., Sidney Ravkind, Mandell & Wright, Houston, Tex., and Steve McConnico, Scott, Douglass & Luton, Austin, Tex., for defendants.

MEMORANDUM AND ORDER

LAKE, District Judge.

This is an action for damages brought by the Federal Deposit Insurance Corporation ("FDIC") in its corporate capacity, as successor-in-interest to Alliance Savings & Loan Association ("Alliance"), against Alliance's former officers and directors. FDIC's Second Amended Complaint asserts causes of action against these defendants for negligence in their capacities as officers and directors (paras. 47-50) and for...

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