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RESOLUTION TRUST CORP. v. DiDOMENICO

Civil No. 91-5045(JBS).

837 F.Supp. 623 (1993)

The RESOLUTION TRUST CORPORATION, in its Corporate Capacity, Plaintiff, v. Robert J. DiDOMENICO, George Elkins, Emanuel Solomon, Joseph DiOrio, Sr., Robert P. Turnbull, Donald B. Vass, Charles D. Worthington, Joseph J. Caucino, John C. Rowe, Steven E. Brady, Joseph M. Skowronski, Anthony L. Salvitti, Salvitti & Son, and Deloitte & Touche, Defendants.

United States District Court, D. New Jersey.

October 29, 1993.

Attorney(s) appearing for the Case

Peter S. Pearlman, Cohn, Lifland, Pearlman, Hermann & Knopf, Saddle Brook, NJ, for plaintiff.

Adam N. Saravay, Jeffrey W. Lorell, Clapp & Eisenberg, Newark, NJ, for defendant Donald B. Vass.

Thomas F. Bradley, Hankin, Sandson & Sandman, Atlantic City, NJ, for defendant Steven E. Brady.

Salvatore Perillo, Perillo & Rosenberger, Linwood, NJ, for defendants Joseph DiOrio, John C. Rowe, Emanuel Solomon and Charles D. Worthington.

Richard J. Bortnick, White & Williams, Philadelphia, PA, for defendant Joseph M. Skowronski.

Jeffrey A. Pott, Gary Battistoni, Drinker, Biddle & Reath, Philadelphia, PA, for defendant Robert J. DiDomenico.

OPINION

SIMANDLE, District Judge:

Before the court is the motion by defendant, Donald B. Vass ("Vass"), to dismiss Count II of the Second Amended Complaint for failure to state a claim on which relief can be granted pursuant to Fed.R.Civ.P. 12(b)(6), or in the alternative, for partial summary judgment on Count II pursuant to Fed. R.Civ.P. 56. Count II asserts that Vass, an outside director, negligently breached his fiduciary duty to Action Savings Bank,...

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