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RESOLUTION TRUST CORP. v. U.S. FIDELITY & GUAR. CO.

Civ. A. No. 92-350-B.

838 F.Supp. 276 (1993)

RESOLUTION TRUST CORPORATION as Receiver for Pelican Homestead and Savings Association v. UNITED STATES FIDELITY & GUARANTY COMPANY.

United States District Court, M.D. Louisiana.

October 31, 1993.

Attorney(s) appearing for the Case

Gary John Giepert, James P. Magee, Baldwin & Haspel, Paul J. Mirabile, Middleberg, Riddle & Gianna, Cynthia L. Tolbert, Law Offices of Winthrop Gardner, Eddie J. Jordan, Jr., William E. Lewis, Bryan, Jupiter, Lewis & Blanson, New Orleans, LA, for plaintiff.

Richard Scott Thomas, Lane, Fertitta, Lane & Tullos, Baton Rouge, LA, for defendant.

RULING ON PLAINTIFF'S AND DEFENDANT'S CROSS MOTIONS FOR NEW TRIAL, OR ALTERNATIVELY, FOR RECONSIDERATION OF STATE COURT'S JUDGMENT

POLOZOLA, District Judge.

This matter is before the Court on the parties' cross motions for new trial, or in the alternative, for reconsideration of the state court's judgment. For the reasons which follow, the motions are denied.

FACTS

On April 21, 1988, Pelican Homestead and Savings Association ("Pelican"...

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