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FEDERAL DEPOSIT INS. CORP. v. ASHLEY

Civ. A. No. 87-2614-V.

754 F.Supp. 179 (1990)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its corporate capacity, Plaintiff, v. Donald ASHLEY, et al., Defendants.

United States District Court, D. Kansas.

November 20, 1990.

Attorney(s) appearing for the Case

Marc E. Elkins, J. Emmett Logan, Morrison, Hecker, Curtis, Kuder & Parrish, Overland Park, Kan., Alison M. Berman, Federal Deposit Ins. Corp., Office of the Gen. Counsel, Washington, D.C., for plaintiff.

Jeffrey L. Willis, Willis & Holmes, Ernest McRae, Wichita, Kan., for defendants.

MEMORANDUM AND ORDER

VAN BEBBER, District Judge.

This is an action by the Federal Deposit Insurance Corporation ("FDIC"), in its corporate capacity as assignee of Farmer's State Bank of Selden, Kansas (the "Bank"), against the former directors and officers of the Bank in which the FDIC seeks recovery for damages claimed to have been sustained by the Bank as a result of the defendants' alleged negligence, breach of fiduciary and statutory duties, and breach...

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