Legal Opinion
Country Club Associates Ltd. Partnership v. Federal Deposit Insurance
District Court, District of Columbia
Decided February 14, 1996No. 93-1781PublishedCited by 8 opinions
1Opinion of the Court
OPINION
PAUL L. FRIEDMAN, District Judge.
Country Club Associates Limited Partnership was formed to construct a residential community with a Robert Trent Jones golf course, a tennis facility and a clubhouse, to be called Virginia Oaks. 1 To finance the project it entered into a $57 million Loan Agreement with Home Federal Savings and Loan Association (“HFSL”). After construction on Virginia Oaks had begun and Country Club had drawn down more than $23 million under the Loan, the Office of Thrift Supervision (“OTS”) declared HFSL insolvent. The OTS appointed the Resolution Trust Corporation…
2Cases cited19 opinions
- Winthrop F. Davis v. Chevy Chase Financial Limited and B. Francis SaulCourt of Appeals for the D.C. Circuit · 1981
- Homeland Stores, Inc. v. Resolution Trust Corporation, and Bob's Super Saver, Inc.Court of Appeals for the Tenth Circuit · 1994
- Westminster Investing Corp. v. Lamps Unlimited, Inc.Supreme Court of Virginia · 1989
- Mullen v. BrantleySupreme Court of Virginia · 1973
- America First Investment Corporation v. Michael Goland and Balboa Construction Co., Inc.Court of Appeals for the First Circuit · 1991
14 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Federal Deposit Insurance v. CraftCourt of Appeals for the Ninth Circuit · 1998
- 98 Cal. Daily Op. Serv. 7413, 98 Daily Journal D.A.R. 10,293 Federal Deposit Insurance Corporation, as Sole Receiver for Montana Federal Savings Bank of Kalispell, Montana, Plaintiff-Counter-Defendant- Third Party v. Roger Craft, A/k/a/ Roger L. Craft and Norma J. Craft, Defendants-Counter-Claimants-Third Party v. United States of America, Office of Thrift Supervision, as Successor to Federal Home Loan Bank Board, Third PartyCourt of Appeals for the Third Circuit · 1998
- Ncb Management Services, Inc. v. Federal Deposit Insurance Corp.District Court, District of Columbia · 2012
- U.S. Conference of Mayors v. Great-W. Life & Annuity Ins. Co.Court of Appeals for the D.C. Circuit · 2018
- Interactive Return Service, Inc. v. Virginia Polytechnic Institute & State UniversityRichmond County Circuit Court · 2000
3 more not listed; retrieve them via the Exa API.