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F.D.I.C. v. ROUSE

Civ. A. Nos. 93-1633, 93-1634.

859 F.Supp. 234 (1994)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of Twin City Savings, F.S.A. v. Gary J. ROUSE, Sandra T. Rouse, Alvin J. Faucheux, Jr., and Glen A. Slavich.

United States District Court, E.D. Louisiana.

July 18, 1994.

Attorney(s) appearing for the Case

Julie E. Schwartz, Dena Lynn Olivier, Daniel Everett LaGrone, William Peak Janvier, Liskow & Lewis, New Orleans, LA, for F.D.I.C.

Emile Louis Turner, Jr., Turner, Young, et al., Harvey C. Koch, Howard Marks, Koch & Rouse, New Orleans, LA, for Gary J. and Sandra T. Rouse, Alvin J. Faucheux, Jr.

George Paul Vedros, Cleveland, Barrios, et al., New Orleans, LA, for Glen A. Slavich.

CLEMENT, District Judge.

ORDER AND REASONS

Plaintiff's motion for summary judgment was decided this date on memoranda. For the reasons set forth below, plaintiff's motion is GRANTED.

I. BACKGROUND

This action was brought by the Federal Deposit Insurance Corporation, as Receiver of Twin City Savings, F.S.A. ("F.D.I.C." or "the Receiver"), in an effort to collect on continuing guarantees executed by defendants, Gary J...

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