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FEIGEL v. F.D.I.C.

Civil No. 95-1934-BTM(AJB).

935 F.Supp. 1090 (1996)

Jack C. FEIGEL, an individual; T.C. Young, an individual; Terry Lingefelder, an individual; and Owen W. Strange, an individual, Plaintiffs, v. FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for HomeFed Bank, F.S.B., Defendant.

United States District Court, S.D. California.

May 22, 1996.

Attorney(s) appearing for the Case

William H. Lancaster, Rebecca M. O. Malley, Andrews & Kurth, Los Angeles, CA, for plaintiffs.

Steven C. Morrison, Carl P. Luckadoo, Morrison & Lespier, Irvine, CA, for defendants.

MEMORANDUM DECISION AND ORDER GRANTING DEFENDANT'S MOTION FOR SUMMARY JUDGMENT AND DENYING PLAINTIFFS' MOTION FOR SUMMARY JUDGMENT

MOSKOWITZ, District Judge.

INTRODUCTION

The parties have filed cross-motions for summary judgment. The plaintiffs, four former directors of Home Federal Savings & Loan Association, subsequently HomeFed Bank, F.S.B. ("HomeFed"), contend that they are entitled to retirement benefits pursuant to a Director's Retirement...

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