Legal Opinion
Resolution Trust Corp. Receiver of Action Federal Savings Bank v. Wilson
District Court, D. New Jersey
Decided April 29, 1994No. Civ. 91-3184 (SSB)PublishedCited by 4 opinions
1Opinion of the Court
OPINION
BROTMAN, District Judge:
Presently before the Court is the motion for summary judgment of plaintiff and third-party defendant Resolution Trust Corporation (“RTC”). For the reasons set forth below, the motion is granted.
I. Facts and Procedural Background
In July 1986, Thomas Wilson and Teddy Menas entered into a partnership agreement to develop a single commercial lot in North-field, New Jersey. Wilson and Menas subsequently purchased a second adjoining lot in 1988, financed through a purchase mortgage for approximately $346,500 arranged by Me-nas through Action Savings and Loan (“Action…
2Cases cited37 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
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3Cited by4 opinions
- Doug Grant, Inc. v. Greate Bay Casino Corp.District Court, D. New Jersey · 1998
- Settlers' Housing Service, Inc. v. Schaumburg Bank & Trust Co., N.A. (In re Settlers' Housing Service, Inc.)United States Bankruptcy Court, N.D. Illinois · 2014
- Iron Workers' Local No. 25 Pension Fund v. Allied Fence & Security Systems, Inc.District Court, E.D. Michigan · 1996
- Point Developers, Inc. v. Federal Deposit InsuranceDistrict Court, E.D. New York · 1997