Legal Opinion
Federal Savings & Loan Insurance v. Florida 100 Development Group, Inc.
District Court, S.D. Florida
Decided October 7, 1987No. 86-10006-Civ-KingPublishedCited by 1 opinion
1Opinion of the Court
ORDER GRANTING, IN PART, AND DENYING, IN PART, MOTION TO DISMISS COUNTERCLAIMS AND AFFIRMATIVE DEFENSES.
JAMES LAWRENCE KING, Chief Judge.
This action centers around a July 1983 loan in the amount of $3,380,000 made by Sunrise Savings and Loan Association of Florida (“Old Sunrise”) to Florida 100 Development Group, Inc. (“Florida 100”). The loan was secured by a mortgage, and by the personal guarantees of defendants King and Liberti. The other defendants have various liens on the same property. Florida 100 failed to make any payments after May 1, 1986.
On July 18, 1985 the Federal Home Loan Bank…
2Cases cited21 opinions
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- Goldberg v. KellySupreme Court of the United States · 1970
- Logan v. Zimmerman Brush Co.Supreme Court of the United States · 1982
- Poe v. UllmanSupreme Court of the United States · 1961
- Katchen v. LandySupreme Court of the United States · 1966
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3Cited by1 opinion
- Federal Savings & Loan Insurance Corp. v. BrennerDistrict Court, N.D. Texas · 1988