Baker

Am. Cas. Co. of Reading, Pa. v. Baker

Good Law
758 F. Supp. 1340·91 Daily Journal DAR 1843·1991 WL 13543·1991 U.S. Dist. LEXIS 1553
United States District Court, Central District of CaliforniaFebruary 4, 1991SA CV 90-125 AHS (RWRx)California5,671 words

Opinion

Opinion

Stotler, J.

ORDER GRANTING IN PART AND DENYING IN PART MOTIONS FOR SUMMARY JUDGMENT

Procedural History

On August 17, 1990, plaintiff American Casualty Company of Reading, Pennsylvania (“American Casualty”) filed its Motion for Summary Judgment on two claims in its action for declaratory relief, contending that insurance coverage does not exist for officers and directors against whom claims are pending in the underlying action entitled Federal Deposit Insurance Corporation, etc., et al. v. Joe G. Baker, et al., 739 F.Supp. 1401 . The Court grants the Request for Judicial Notice and hereby takes notice of the underlying case. Certain proceedings in that case are reported in FDIC v. Baker, et al., 739 F.Supp. 1401 (C.D.Cal.1990). Counterdefendant Continental Casualty Company (“Continental Casualty”) filed a like motion as to policies referenced in the counterclaim brought by the Resolution Trust Corporation, Acting Through Its Managing Agent The Federal Deposit Insurance Corporation (“RTC/FDIC”), defendant-intervenor.

On September 17, 1990, opposition was filed by the RTC/FDIC, defendant Fletcher, and defendants Egdahl, Huckabay, and McCarthy. Various defendants joined in the opposition of…

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