Chase Manhattan Bank v. Corporacion Hotelera De Puerto Rico

*449ORDER

FERNANDEZ-BADILLO, District Judge.

The question for decision herein is whether the order in Chambers permitting the intervention of First National Bank of Jefferson Parish under the Rule 24 of the Federal Rules of Civil Procedure should be reconsidered, as requested in plaintiff’s motion of October 10th, in the light of all circumstances and of the present posture of this case. A review of such circumstances is in order.

The complaint seeking a foreclosure of a first mortgage in the sum of $6,100,000 was filed on October 9,1967. Subsequent to various proceedings, including an order…