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F.D.I.C. v. DELOITTE & TOUCHE

No. LRC-90-520.

834 F.Supp. 1155 (1993)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for FirstSouth, F.A., Plaintiff, v. DELOITTE & TOUCHE, a partnership, and Deloitte, Haskins & Sells, a partnership, Defendants.

United States District Court, E.D. Arkansas, W.D.

September 3, 1993.

Attorney(s) appearing for the Case

Peter B. Heister, Martha Jett McAlister, Eichenbaum, Scott, Miller, Liles & Heister, P.A., Little Rock, AR, John L. Conlon, Hopkins & Sutton, Chicago, IL, David B. Joeckel, Jr., Hopkins & Sutter, Dallas, TX, Stephen Novack, Marilyn Klawiter, Eric N. Macey, Novack & Macey, Chicago, IL, for plaintiff F.D.I.C.

Overton S. Anderson, Anderson & Kilpatrick, Little Rock, AR, David C. Wade, Martin, Tate, Morow & Marston, P.C., Memphis, TN, Richard D. Bernstein, Robert D. McLean, Sidley & Austin, Washington, DC, for defendants.

Peter G. Kumpe, Williams & Anderson, Little Rock, AR, for movants Henry F. Trotter, Jr. and FirstSouth FA.

ORDER

EISELE, District Judge.

This action involves a complex case arising from the defendant accounting firm's ("Deloitte's") alleged negligent performance of audits at FirstSouth, a failed Arkansas savings and loan institution. The various motions pending raise two interesting and interrelated questions. The first issue is whether this Court has subject matter jurisdiction over contribution claims by Deloitte against the directors of FirstSouth....

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