RESOLUTION TRUST CORP. v. SEALE

No. 92-5273.

13 F.3d 850 (1994)

RESOLUTION TRUST CORPORATION, as Receiver of Jasper Federal Savings & Loan Association, Plaintiff-Appellant, v. John H. SEALE, et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied March 2, 1994.


Attorney(s) appearing for the Case

Mark Andrew Huvard, Harberg, Huvard & Bisk, Houston, TX, for plaintiff-appellant.

Howard Louis Close, Gilbert-Irvine Low, J. Hoke Peacock, III, Orgain, Bell & Tucker, Beaumont, TX, for defendants-appellees.

Before HIGGINBOTHAM, DAVIS, and JONES, Circuit Judges.


PATRICK E. HIGGINBOTHAM, Circuit Judge:

This case concerns whether the Resolution Trust Corporation can sue three former directors of a savings and loan under applicable federal and state statutes of limitations. We must decide whether the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, Pub.L. 101-73, 103 Stat. 183 (Aug. 9, 1989), revives claims barred by state statutes of limitations, the applicability of the general federal statute of limitations...

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