Legal Opinion
New York Life Ins. v. Watt West Investment Corp.
District Court, E.D. California
Decided January 8, 1991No. Civ. S-90-1423-DFLPublishedCited by 17 opinions
1Opinion of the Court
MEMORANDUM OPINION
LEVI, District Judge.
This matter was heard on November 21, 1990, on plaintiff’s application for appointment of a temporary receiver. Erica Grubb, Esq., appeared on behalf of New York Life Insurance Co. (“New York Life”). Despite notification by plaintiff, no appearance was entered on behalf of any defendant. For the reasons discussed below, the court approved plaintiffs application for appointment of a temporary receiver. 1
I. FACTS
A. The Loan Documents
On April 6, 1988, defendant Watt West Investment Corp. (“Watt West”) executed a promissory note borrowing $7.5 million from…
2Cases cited22 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Guaranty Trust Co. v. YorkSupreme Court of the United States · 1945
- Guaranty Trust Co. v. YorkSupreme Court of the United States · 1945
- Skelly Oil Co. v. Phillips Petroleum Co.Supreme Court of the United States · 1950
- Pusey & Jones Co. v. HanssenSupreme Court of the United States · 1923
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3Cited by17 opinions
- Canada Life Assurance Co. v. LaPeterCourt of Appeals for the Ninth Circuit · 2009
- Aviation Supply Corporation v. R.S.B.I. Aerospace, Inc., Ross BarberCourt of Appeals for the Eighth Circuit · 1993
- National Partnership Investment Corp. v. National Housing Development Corp.Court of Appeals for the Eleventh Circuit · 1998
- U.S. Bank National Ass'n v. Nesbitt Bellevue Property LLCDistrict Court, S.D. New York · 2012
- Biliouris v. Sundance Resources, Inc.District Court, N.D. Texas · 2008
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