96 Cal. Daily Op. Serv. 7917, 96 Daily Journal D.A.R. 13,171 J. Gordon Betz David E. Giorgi, Individually and as Trustee of the David E. Giorgi Family Trust Anthony Guntermann, an Individual Harry H. Holthusen, an Individual J. Harold Peterson, Jr., an Individual John S. Rathborne, an Individual v. Federal Deposit Insurance Corporation, as Receiver for Homefed Bank, F.S.B.

99 F.3d 904 96 Cal. Daily Op. Serv. 7917 , 96 Daily Journal D.A.R. 13,171 J. Gordon BETZ; David E. Giorgi, Individually and as Trustee of the David E. Giorgi Family Trust; Anthony Guntermann, an individual; Harry H. Holthusen, an individual; J. Harold Peterson, Jr., an individual; John S. Rathborne, an individual, Plaintiffs-Appellants, v. FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for HomeFed Bank, F.S.B., Defendant-Appellee. No. 95-55259. United States Court of Appeals, Ninth Circuit. Argued and Submitted June 5, 1996. Decided Oct. 30, 1996. William H. Lancaster and Ralph W. Tarr, Andrews & Kurth, Los Angeles, CA, for plaintiffs-appellants. Mitchell Plave, Washington, D.C., and Tina Pivonka, Schall, Boudreau & Gore, San Diego, CA, for defendant-appellee. Appeal from the United States District Court for the Southern District of California, Napoleon A. Jones, District Judge, Presiding. D.C. No. CV-93-01318-NAJ. Before WIGGINS, DAVID R. THOMPSON and TROTT, Circuit Judges. OPINION DAVID R. THOMPSON, Circuit Judge: 1 Former directors of the failed HomeFed Bank, F.S.B. (the directors), appeal the district court's summary judgment in favor of the Resolution Trust…