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RESOLUTION TRUST CORP. v. CHAPMAN

No. 92-3188.

895 F.Supp. 1072 (1995)

RESOLUTION TRUST CORPORATION, Plaintiff, v. Henry CHAPMAN, John Crawford, Earl Cunion, Robert Gilmore, David Gould, Robert Jamieson, Nathaniel Ledoux, James Lewis, Howard Sauder, Robert Strehlow, Jr., Donald Ullman, R. Dean Westervelt, Defendants.

United States District Court, C.D. Illinois, Springfield Division.

August 9, 1995.

Attorney(s) appearing for the Case

Carole A. Corns, William A. Spence, Freeborn & Peters, Chicago, IL, Walter Jones, Jr., Jorge V. Cazares, Pugh Jones & Johnson P.C., Chicago, IL, Duane Curtis, Resolution Trust Corp., Overland Park, KS, for Resolution Trust Corp.

Roy G. Davis, Keck Mahin & Cate, Peoria, IL, for Henry Chapman, John Crawford, Earl Cunion, Robert Gilmore, David Gould, Robert Jamieson, Nathaniel Ledoux, James B. Lewis, Howard Sauder, Donald Ullman, R. Dean Westervelt.

Richard D. McCoy, Pekin, IL, for Richard Robinson.

Gregg N. Grimsley, Carter Grimsley & Rasmussen, Peoria, IL, for James Sullivan.

OPINION

RICHARD MILLS, District Judge:

Will the adverse domination doctrine be applied in Illinois? If so, does it toll the statute of limitations? Let us see.

I. Background

Security Savings and Loan Association, F.A. located in Peoria, Illinois, (Security) was a federally chartered savings and loan which was placed into receivership by the Office of Thrift Supervision on August 17, 1989. The Office of Thrift Supervision appointed...

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