Legal Opinion

Fairfield Six/Hidden Valley Partnership v. Resolution Trust Corp.

District Court, D. Maryland

Decided August 3, 1994No. JFM-93-2733PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM

MOTZ, District Judge.

This case arises from a failed real estate transaction involving the Hidden Valley Partnership, Daniel Billings, and Daniel Gerres (collectively “plaintiffs”), Kardon Industries (“Kardon”) and the Potomac Savings and Loan Association (“Potomac”). Plaintiffs had agreed to purchase real estate from Kardon and had allegedly received a promise from Potomac that it would loan them the money to complete the transaction. Potomac reneged on this promise and the land deal fell through. Plaintiffs sued Potomac in state court but the savings and loan crisis intervened and…

2Cases cited28 opinions

  1. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  2. T.O. Stanley Boot Co. v. Bank of El PasoTexas Supreme Court · 1993
  3. Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
  4. Harold v. Beighley v. Federal Deposit Insurance Corporation, Etc.Court of Appeals for the Fifth Circuit · 1989
  5. Gross v. Sussex Inc.Court of Appeals of Maryland · 1993

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3Cited by4 opinions

  1. Terranova v. Avco Financial Services of Barre, Inc.District Court, D. Vermont · 1975
  2. National Board for Certification in Occupational Therapy, Inc. v. American Occupational Therapy Ass'nDistrict Court, D. Maryland · 1998
  3. Corporate Healthcare Financing, Inc. v. BCI Holdings Co.District Court, D. Maryland · 2006
  4. Nation. Bd. Certif. Occup. v. Amer. Occup. TherapyDistrict Court, D. Maryland · 1998

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