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NORTHWESTERN MUT. LIFE v. RESOLUTION TRUST CORP.

No. CV 91-L-2967-S.

848 F.Supp. 1515 (1994)

The NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, Plaintiff, v. RESOLUTION TRUST CORPORATION, in its capacity as Receiver for City Federal Savings & Loan Association; and Jesse E. Miller, Thomas W. Harris, Jr., Lewis C. Wheeler, Emmett C. Gardner, Louie A. Williams, Jr., Richard H. Vigneulle, Defendants.

United States District Court, N.D. Alabama, S.D.

February 11, 1994.

Attorney(s) appearing for the Case

Katherine T. Millett, William Carlisle Herbert, and Adam Kingsley, Hopkins & Sutter, Chicago, IL, for Resolution Trust Corp.

J. Franklin McCreary, Gerrish & McCreary, Memphis, TN, for individual claimants.

MEMORANDUM OPINION AND ORDER OF PARTIAL SUMMARY JUDGMENT

LYNNE, Senior District Judge.

This interpleader action was brought by Northwestern Mutual Life Insurance Company ("Northwestern") to determine the ownership of eight whole life insurance policies (the "Policies"). The individually named defendants (the "Claimants") are former officers or directors of City Federal Savings and Loan Association, Birmingham, Alabama ("City Federal"). On September...

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