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RESOLUTION TRUST CORP. v. INTERNATIONAL INS. CO.

Civ. A. No. 89-4020.

819 F.Supp. 554 (1993)

RESOLUTION TRUST CORPORATION v. INTERNATIONAL INSURANCE CO., et al.

United States District Court, E.D. Louisiana.

April 7, 1993.

Attorney(s) appearing for the Case

Scott H. Crawford, Phillip W. Preis, Baton Rouge, LA, for Intern. Ins. Co., Inc. dba Crum and Forster.

Stephen Winthrop Rider, McGlinchey, Stafford, Lang, New Orleans, LA, for Peat, Marwick, Main & Co.

Gordon F. Wilson, Jr., New Orleans, LA, for Sec. Homestead Ass'n.

BEER, District Judge.

The court heard the Motion for Summary Judgment of KPMG Peat Marwick ("Peat Marwick") on March 31, 1993. For the following reasons, the motion is granted.

I. Background

This is a suit by the Resolution Trust Corporation ("RTC") as receiver for Security Homestead Federal Savings Association ("New Security") against former officers and directors of Security Homestead ("Old Security") and their director and...

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