Legal Opinion
National Enterprises, Inc. v. Smith
District Court, E.D. Michigan
Decided January 11, 1996No. 94-72839PublishedCited by 1 opinion
1Opinion of the Court
OPINION AND ORDER
I. Background
FEIKENS, District Judge.
On June 29, 1987, Defendant entered into an Open End Vessel Lease with First Federal Savings & Loan Association (“First Federal”) of Toledo, Ohio for a new Viking forty-four foot motor yacht. During the term of the lease, First Federal failed and was taken over by the Resolution Trust Corporation (“RTC”). Still later, RTC sold and assigned all of its rights, title and interest in the lease to Plaintiff.
Pursuant to the lease agreement, Defendant was required to make monthly payments of $2,956.07 plus tax for a period of 180 months.…
2Cases cited11 opinions
- City of Gahanna v. Eastgate Properties, Inc.Ohio Supreme Court · 1988
- Rhodes v. Rhodes Industries, Inc.Ohio Court of Appeals · 1991
- Hall v. Federal Deposit Insurance CorporationCourt of Appeals for the Sixth Circuit · 1991
- S & D Mechanical Contractors, Inc. v. Enting Water Conditioning Systems, Inc.Ohio Court of Appeals · 1991
- Resolution Trust Corporation in Its Capacity as Receiver for Bell Federal Savings Bank v. John L. Daddona, Sr., Judy Daddona and Daniel CulnenCourt of Appeals for the Third Circuit · 1993
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3Cited by1 opinion
- National Enterprises, Inc. v. Paul SmithCourt of Appeals for the Sixth Circuit · 1997