Yankee Bank for Finance & Savings v. Task Associates, Inc.

MEMORANDUM-DECISION AND ORDER

McCURN, Chief Judge.

BACKGROUND

Familiarity with this case is assumed. Therefore only the facts necessary to an understanding of the issues raised by Magistrate Judge DiBianco’s January 28, 1991, report-recommendation and the objections thereto will be set forth herein.

This court previously granted the motion for summary judgment of foreclosure and sale on the SA & K building brought by plaintiff, the Federal Deposit Insurance Corporation (“FDIC”), 1 as against one of the defendants, Hanover Square Associates-Two Limited Partnership (“HSA-II”). That building has…