MEMORANDUM AND ORDER
YOUNG, District Judge.
I.
This declaratory judgment action arises out of a directors' and officers' liability insurance policy (the "Policy") issued by American Casualty Company of Reading, Pennsylvania ("American Casualty") to Sentry Federal Savings Bank ("Sentry"). The relevant undisputed background is as follows.
On September 21, 1990, the Office of Thrift Supervision ("OTS") placed Sentry in receivership...
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