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FEDERAL DEPOSIT INS. CORP. v. ISHAM

Civ. A. Nos. 90-B-1983, 90-B-2004.

777 F.Supp. 828 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION, a corporation existing under the laws of the United States, as Receiver for the Bank of Winter Park, Plaintiff, v. Robert W. ISHAM, Eleanor J. Isham, Richard R. Mulligan, Lemont A. Hale, George C. Engel, Dan Leahy, William E. Jennings, Larry S. Chance, and Richard R. Ramler, Defendants.

United States District Court, D. Colorado.

October 25, 1991.

Attorney(s) appearing for the Case

Wiley Y. Daniel, David S. Fein, Popham, Haik, Schnobrich & Kaufman, LTD., P.C., Gary M. Jackson, Di Manna & Jackson, Denver, Colo., and Ervin L. Jones, Jr., Federal Deposit Ins. Corp., Professional Liability Sec., Washington, D.C., for plaintiff.

Richard L. Eason, Eason, Sprague & Wilson, P.C., Denver, Colo., for defendant George Engel.

Max A. Minnig, Jr., Carpenter & Klatskin, P.C., Denver, Colo., for defendant Larry Chance.

Joseph F. Colantuno, Morrato, Burrus & Colantuno, P.C., Englewood, Colo., for defendants R. Isham and E. Isham.

Patrick T. Murphy, Denver, Colo., for defendant Mulligan.

Jon F. Sands, Bostrom & Sands, P.C., Denver, Colo., for defendant, Richard Ramler.

MEMORANDUM OPINION AND ORDER

BABCOCK, District Judge.

Defendants Robert and Eleanor Isham (the Ishams) move for judgment on the pleadings, contending that plaintiff's action for negligence and breach of fiduciary duty is preempted by 12 U.S.C. § 1821(k) of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA). The Ishams also contend that C.R.S. § 11-5-107 requires dismissal. Defendant George C. Engel (Engel) joins in...

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