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HYDE v. FIDELITY & DEPOSIT CO. OF MARYLAND

Civil No. Y-97-2497.

23 F.Supp.2d 630 (1998)

J. Philip HYDE, Jr., et al., v. FIDELITY & DEPOSIT COMPANY OF MARYLAND.

United States District Court, D. Maryland.

October 16, 1998.

Attorney(s) appearing for the Case

Jonathan M. Jacobs, Washington, DC, James H. Schropp, Washington, DC, and Anthony S. Yoo, Washington, DC, for Plaintiffs.

Thomas S. Schaufelberger, Washington, DC, for Defendant.

MEMORANDUM OPINION

JOSEPH H. YOUNG, Senior District Judge.

I.

This matter is before the Court on the parties' cross-motions for summary judgment. The action arises out of a demand for attorneys fees by the former directors [hereinafter "Directors"] of Liberty Financial Corporation and Liberty Savings Bank under a directors and officers liability policy [hereinafter "Policy"] issued by Fidelity and Deposit Company of Maryland [hereinafter "Fidelity...

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