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FEDERAL SAV. AND LOAN INS. CORP. v. HEIDRICK

Civ. No. HM-86-77.

774 F.Supp. 352 (1991)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, et al. v. Gerard A. HEIDRICK, Jr., et al.

United States District Court, D. Maryland.

January 25, 1991.

Attorney(s) appearing for the Case

Paul E. Gutermann and James Flannery, Washington, D.C., for plaintiffs.

William H. Morstein, Ellicott City, Md., James E. Gray, Thomas V. Monahan, Jr., Baltimore, Md., John R. Gerstein, Robert M. Pozin, Washington, D.C., and Henry L. Conway, Jr. and Thomas B. Conway, Baltimore, Md., for defendants.

MEMORANDUM

HERBERT F. MURRAY, Senior District Judge.

Presently pending before the Court are plaintiffs' and defendant American Casualty's cross-motions for summary judgment. At issue in these cross-motions is the interpretation of the "Directors' and Officers' Liability Insurance Policy for Savings and Loan Associations Including S & L Reimbursement" (hereafter "the policy") which was issued to the now insolvent Fidelity Federal Savings and Loan Association...

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