Legal Opinion
In Re Motion for Leave to Sue the Receiver of Venus Plaza Shopping Center
Michigan Court of Appeals
Decided June 8, 1998No. Docket 196107PublishedCited by 1 opinion
1Per curiam
Venus Plaza Associates (hereinafter Venus) appeals as of right the order denying its motion for leave to sue a court-appointed receiver. We affirm.
Resolution Trust Corporation, as conservator of First Federal Savings & Loan Association, held a mortgage note executed by Venus. Venus had secured the note with a mortgage on and an assignment of rents of the Venus Plaza Shopping Center. In February 1993, Venus defaulted on the loan, and Resolution Trust Corporation subsequently brought an action to enforce its rights under the loan agreement. Resolution Trust petitioned the Oakland Circuit Court…
2Cases cited11 opinions
- Citizens' Savings Bank v. PersonMichigan Supreme Court · 1893
- Kaminsky v. Hertz Corp.Michigan Court of Appeals · 1979
- Brucker v. McKinlay Transport, Inc.Michigan Court of Appeals · 1997
- General Conference of Seventh Day Adventists v. SullivanMichigan Court of Appeals · 1974
- Citizens' Commercial & Savings Bank v. Bay Circuit JudgeMichigan Supreme Court · 1896
6 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Sanford N Lakin v. Barbara RundMichigan Court of Appeals · 2016