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RESOLUTION TRUST CORP. v. WRIGHT

No. CIV-92-2096-A.

868 F.Supp. 301 (1993)

RESOLUTION TRUST CORPORATION, in its corporate capacity, Plaintiff, v. Jake W. WRIGHT, R.L. Lockstone, Jr., Arthur N. Salisbury, Charles I. Kramer, Gerald W. Jameson, and William L. Davis, Defendants.

United States District Court, W.D. Oklahoma.

November 22, 1993.

Attorney(s) appearing for the Case

Tom Colbert, Colbert & Associates, Oklahoma City, OK, Robert E. Craddock, Jr., Larry H. Montgomery, Dyer James & Taylor, Memphis, TN, for Resolution Trust Corp.

Robert D. McCutcheon, Hastie & Kirschner, Terry W. Tippens, Stephen R. Stephens, Andrew L. Walding, Fellers Snider Blankenship, Bailey & Tippens, William E. Wallo, Day Edwards Federman Propester & Christensen, Stephen A. Sherman, Stephen A. Sherman & Associates, Deborah S. Block, Lytle Soule & Curlee, G. Patrick Garrett, Merrilyn B. Livermon, Claro & Claro, Oklahoma City, OK, for Jake W. Wright, R.L. Lockstone, Jr., Gerald W. Jameson.

William J. Doyle, III, Tulsa, OK, for Arthur N. Salisbury.

Robert D. McCutcheon, Hastie & Kirschner, William E. Wallo, Day Edwards Federman Propester & Christensen, Stephen A. Sherman, Stephen A. Sherman & Associates, Deborah S. Block, Lytle Soule & Curlee, G. Patrick Garrett, Merrilyn B. Livermon, Claro & Claro, Oklahoma City, OK, for Charles I. Kramer, William L. Davis.

ORDER

ALLEY, District Judge.

In October 1989, plaintiff Resolution Trust Corporation ("RTC") was appointed as receiver for the Great Plains Savings and Loan Association ("Great Plains") due to a determination by regulatory agencies that the bank was insolvent. Later that month, Great Plains was reorganized by the Office of Thrift Supervision and took over the assets and claims of the RTC. In 1990, the reorganized bank also failed and once again the...

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