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PIONEER BANK AND TRUST v. RESOLUTION TRUST CORP.

No. 91 C 6292.

793 F.Supp. 828 (1992)

PIONEER BANK AND TRUST COMPANY, formerly known as Pioneer Trust & Savings Bank, not personally but solely as Trustee under Trust Agreement dated December 8, 1956 and as Trust No. 10940, Phyllis Panijel and Muriel Velen, Plaintiffs, v. RESOLUTION TRUST CORPORATION, as Receiver of Great American Savings & Loan Association, formerly known as Oak Park Federal Savings & Loan Association, Defendant.

United States District Court, N.D. Illinois, E.D.

July 1, 1992.

Attorney(s) appearing for the Case

Michael J. Torchalski, Supena & Nyman, Oak Brook, Ill., Scott M. Levin, Hinshaw & Culbertson, Chicago, Ill., for plaintiffs.

David L. Hazan, Joseph John Walczak, DeHaan & Richter, P.C., Chicago, Ill., for defendant.

MEMORANDUM AND ORDER

MORAN, Chief Judge.

Plaintiffs brought an action for breach of contract under the Federal Deposit Insurance Act, 12 U.S.C. § 1811 et seq., as amended by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), against the defendant Resolution Trust Corporation, as receiver of Great American Savings & Loan Association (RTC). The RTC now moves to dismiss plaintiffs' claim, pursuant to Fed. R.Civ...

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