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CHEMICAL FUTURES & OPTIONS, INC. v. RTC

No. 93 C 2873.

832 F.Supp. 1188 (1993)

CHEMICAL FUTURES & OPTIONS, INC., Manufacturers Hanover Futures, Inc., and Anne Hennessy, Plaintiffs, v. RESOLUTION TRUST CORPORATION, Defendant.

United States District Court, N.D. Illinois, E.D.

August 25, 1993.

Attorney(s) appearing for the Case

William John Nissen, Thomas David Rein, Robert M. Hatch, Sidley & Austin, Chicago, IL, for plaintiffs.

Jack Donatelli, U.S. Attorney's Office, Constantine John Gekas, Harvitt & Gekas, Ltd., Chicago, IL, Douglas G. Thompson, Jr., Peter C. Cohen, Kevin V. McAlevy, Finkelstein, Thompson & Loughran, Washington, DC, for defendant.

MEMORANDUM OPINION

KOCORAS, District Judge:

This matter comes before the Court on defendant's motion to dismiss. For the reasons set forth below, defendant's motion to dismiss based on improper venue and lack of subject matter jurisdiction is denied. Defendant's motion to dismiss based on the failure to state a claim is denied in part and granted in part.

BACKGROUND

Defendant, Resolution Trust Corporation ("the RTC"), has instituted...

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