Legal Opinion
Integon Life Insurance v. Southmark Heritage Retirement Corp.
District Court, N.D. Alabama
Decided December 30, 1992No. 91-G-2313-SPublished
1Opinion of the Court
MEMORANDUM OPINION
GUIN, Senior District Judge.
The action before the court is brought to quiet title to outlying parcels of real estate adjacent to the Mount Royal Retirement Center located in Jefferson County, Alabama. Parties to the suit are Integon Life Insurance Corporation and Resolution Trust Corporation, as Receiver for San Jacinto Savings Association, F.A.
In 1985 Mount Royal Towers, Inc., sold the subject property to Southmark Heritage Retirement Corporation [hereinafter Southmark Heritage] for $14,000,000.00, $800,000.00 less than the appraised value of the combined improved and…
2Cases cited14 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Federal Deposit Insurance Corporation v. The Merchants National Bank of MobileCourt of Appeals for the Eleventh Circuit · 1984
- Waters v. American Cas. Co. of Reading, PaSupreme Court of Alabama · 1953
- Commerce Federal Savings Bank v. Federal Deposit Insurance Corp.Court of Appeals for the Sixth Circuit · 1989
- Federal Deposit Insurance Corp. v. Charles HatmakerCourt of Appeals for the Sixth Circuit · 1985
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