Progressive Cas. Ins. Co. v. Fed. Deposit Ins. Corp.
| Decision Date | 23 January 2015 |
| Docket Number | No. C 12–4041–MWB.,C 12–4041–MWB. |
| Citation | 80 F.Supp.3d 923 |
| Parties | PROGRESSIVE CASUALTY INSURANCE COMPANY, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of Vantus Bank; Arlene T. Curry; Gary L. Evans ; David M. Roedere; Barry E. Backhaus; Ronald A. Jorgensen; Charles D. Terlouw; Jon G. Cleghorn; Allen J. Johnson; Michael W. Dosland; and Michael S. Moderski, Defendants. and Arlene T. Curry; Gary L. Evans ; David M. Roedere; Barry E. Backhaus; Ronald A. Jorgensen; Charles D. Terlouw; Jon G. Cleghorn; Allen J. Johnson; Michael W. Dosland; and Michael S. Moderski, Counterclaimants, v. Progressive Casualty Insurance Company, Counterdefendant. |
| Court | U.S. District Court — Northern District of Iowa |
80 F.Supp.3d 923
PROGRESSIVE CASUALTY INSURANCE COMPANY, Plaintiff
v.
FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of Vantus Bank;
Arlene T. Curry;
Gary L. Evans ;
David M. Roedere;
Barry E. Backhaus;
Ronald A. Jorgensen;
Charles D. Terlouw;
Jon G. Cleghorn;
Allen J. Johnson;
Michael W. Dosland;
and Michael S. Moderski, Defendants.
and
Arlene T. Curry;
Gary L. Evans ;
David M. Roedere;
Barry E. Backhaus;
Ronald A. Jorgensen;
Charles D. Terlouw;
Jon G. Cleghorn;
Allen J. Johnson;
Michael W. Dosland;
and Michael S. Moderski, Counterclaimants
v.
Progressive Casualty Insurance Company, Counterdefendant.
No. C 12–4041–MWB.
United States District Court, N.D. Iowa, Western Division.
Signed Jan. 23, 2015.
Guy R. Cook, Grefe & Sidney, P.L.C., Des Moines, IA, Lewis K. Loss, Matthew J. Dendinger, Loss, Judge & Ward, LLP, Washington, DC, for Plaintiff/Counterdefendant.
Andrew M. Reidy, Joseph Mark Saka, Catherine J. Serafin, Lowenstein & Sandler, LLP, Washington, DC, Richard J. Kirschman, David A. Tank, Megan Flynn, Whitfield & Eddy, PLC, William John Miller, Brian Andrew Melhus, Dorsey & Whitney, LLP, Des Moines, IA, Daniel L. Hartnett, Crary–Huff–Inkster–Sheehan–Ringenberg–Hartnett–Storm, Sioux City, IA, for Defendants/Counterclaimants.
MEMORANDUM OPINION AND ORDER REGARDING CROSS–MOTIONS FOR SUMMARY JUDGMENT AND MOTION TO STRIKE AFFIDAVIT
MARK W. BENNETT, District Judge.
| TABLE OF CONTENTS |
|---|
| I. | INTRODUCTION | 927 |
| A. | Factual Synopsis | 927 |
| B. | Progressive's Declaratory Judgment Action | 927 |
| C. | The FDIC–R's Lawsuit | 928 |
| D. | The Pending Motions | 928 |
| II. | PROGRESSIVE'S MOTION TO STRIKE | 929 |
| A. | Factual Background | 929 |
| 1. | The affiant | 929 |
| 2. | The challenged statements | 929 |
| 3. | Other discovery responses | 930 |
| B. | Arguments Of The Parties | 932 |
| C. | Analysis | 934 |
| 1. | Applicable standards | 934 |
| 2. | Application of the standards | 935 |
| 3. | Summary | 936 |
| III. | THE CROSS–MOTIONS FOR SUMMARY JUDGMENT | 936 |
| A. | Factual Background | 937 |
| 1. | Vantus Bank and the D & O Defendants | 937 |
| 2. | The Vantus Policy and the Discovery Period (Activation) | 937 |
| 3. | Closure of Vantus Bank and the FDIC–R's claims | 940 |
| B. | Applicable Legal Standards | 940 |
| 1. | Summary judgment standards | 940 |
| 2. | Standards for interpretation and construction of an insurance contract | 941 |
To continue reading
Request your trial
-
Fed. Deposit Ins. Corp. v. Arrillaga-Torrens
... ... end, see Hahn , 2014 WL 5369400 at * 4 (stating that as to the meaning of 'on behalf of,' O'Melveny offers little guidance), and Progressive Cas. Ins. Co. v. FDIC , 80 F.Supp.3d 923, 949950 (N.D. Iowa 2015) (asserting that O'Melveny is all but irrelevant to the disposition of the "I ... ...
-
Fed. Deposit Ins. Corp. v. Thomas Beere, Keith Blumer, David Boilini, Frank Cannella, Brantly Chappell, John Ernster, Robert Fait, Daniel Jacobson, James Scherrer, John Smith, Richard Torhorst, Charles Wellington, & St. Paul Mercury Ins. Company/Travelers Indem. Co.
... ... FDIC as Receiver for Integrity Bank v ... Skow , 769 F.3d 1306 (11th Cir. 2014). 4. Similarly distinguishable is Progressive Casualty Insurance Company v ... FDIC as Receiver of Vantus Bank , in which the district court found that the FDIC-R did not act "on behalf of" the ... ...
-
Horn v. Airway Servs., Inc.
... ... is entitled to judgment as a matter of law." FED. R. CIV. P. 56(a). When asserting that a fact is ... at 56(c)(1)(A); see also Celotex Corp ... v ... Catrett , 477 U.S. 317, 322 (1986) ... form that is anticipated.'" Progressive Cas ... Ins ... Co ... v ... F ... D ... I ... C ., 80 F ... ...
-
United States v. Dish Network, LLC, 09–3073
... ... See Celotex Corp. v. Catrett, 477 U.S. 317, 322, 106 S.Ct. 2548, ... ...
-
CHAPTER 10 Directors and Officers Liability and Professional Liability Insurance
...Co., 2015 U.S. Dist. LEXIS 126241 (D. Minn. Sept. 22, 2015); Progressive Casualty Insurance Co. v. Federal Deposit Insurance Co., 80 F. Supp.3d 923 (N.D. Iowa 2015); Thomas Engineering Co. v. Twin City Fire Insurance Co., 2010 U.S. Dist. LEXIS 127481 (D. Minn. 2010); Miller v. ACE USA, d/b/......
-
Chapter 9
...Co., 2015 U.S. Dist. LEXIS 126241 (D. Minn. Sept. 22, 2015); Progressive Casualty Insurance Co. v. Federal Deposit Insurance Co., 80 F. Supp.3d 923 (N.D. Iowa 2015); Thomas Engineering Co. v. Twin City Fire Insurance Co., 2010 U.S. Dist. LEXIS 127481 (D. Minn. 2010); Miller v. ACE USA, d/b/......