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AMERICAN CAS. CO. v. RESOLUTION TRUST CORP.

Civ. A. No. 91-3912(JCL).

839 F.Supp. 282 (1993)

AMERICAN CASUALTY COMPANY OF READING PENNSYLVANIA, Plaintiff, v. RESOLUTION TRUST CORPORATION, as Receiver for First Atlantic Savings and Loan Association, et al., Defendants.

United States District Court, D. New Jersey.

June 28, 1993.

Attorney(s) appearing for the Case

Porzio, Bromberg & Newman, Robert J. Brennan, Gregor J. Schwartz, P.C., Morristown, NJ, for plaintiff.

Riker, Danzig, Scherer, Hyland & Perretti, Morristown, NJ, for defendants.

MEMORANDUM AND ORDER

LIFLAND, District Judge.

Presently before the Court are American Casualty Company of Reading, Pennsylvania's ("ACC") motion for summary judgment and the Resolution Trust Corporation's ("RTC") cross-motion for partial summary judgment. Having considered the briefs, the oral arguments, and the applicable law, the Court is of the opinion that ACC's motion should be granted and the RTC's motion should be denied.

BACKGROUND

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