Craig Hall, Plaintiff-Counter v. Resolution Trust Corporation, as Receiver of Commonwealth Federal Savings Association, Defendant-Counter

GOLDBERG, Circuit Judge:

This case is about a $7.2 million loan. Craig Hall, the borrower, brought this action against Commonwealth Federal Savings Association, the lender (now under the receivership of the Resolution Trust Corporation), alleging that Commonwealth unreasonably refused to accept Hall’s offer of a collateral substitution. Commonwealth counterclaimed, asserting its right to an acceleration of all loan payments due. On motion for summary judgment, the district court entered judgment in favor of the RTC (i.e., Commonwealth) and against Hall in the approximate amounts of $6.48…