MEMORANDUM OPINION
ROSEMARY M. COLLYER, District Judge.
Defendants Carolyn D. Jordan, David Wilmot and Thomas L. Batties ("Defendants") obtained an advancement of legal fees from Independence Federal Savings Bank ("IFSB" or "Bank"), for which they were either Directors or Acting President when Morton A. Bender sued the Bank, some of its Directors, and Mr. Batties.
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