Legal Opinion

ST. BERNARD SAVINGS & LOAN ASSOCIATION v. Robin Seafood, Inc.

District Court, E.D. Louisiana

Decided February 12, 1992No. Civil A. 91-4655PublishedCited by 1 opinion

1Opinion of the Court

ORDER AND REASONS FOR RULING

CLEMENT, District Judge.

Before the Court is the Resolution Trust Corporation’s (RTC) motion for substitution of party, for substitution of counsel and for ninety (90) day stay of the proceedings pursuant to 12 U.S.C. § 1821(d)(12).

RTC’s motions for substitution of party and substitution of counsel are GRANTED. For the reasons stated below, RTC’s motion for a ninety (90) day stay is DENIED.

Section 1821(d)(12) provides, in pertinent part:

(A) ... After the appointment of a ... receiver for an insured depository institution, the ... receiver may request a stay for a…

2Cases cited7 opinions

  1. Lazuka v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1991
  2. Federal Deposit Ins. Corp. v. NorwoodDistrict Court, S.D. Texas · 1989
  3. Federal Deposit Ins. Corp. v. TaylorDistrict Court, S.D. Texas · 1989
  4. Adams v. Madison Realty & Development, Inc.District Court, D. New Jersey · 1990
  5. Tuxedo Beach Club Corp. v. City Federal Savings BankDistrict Court, D. New Jersey · 1990

2 more not listed; retrieve them via the Exa API.

3Cited by1 opinion

  1. Nation v. Resolution Trust Corp.District Court, N.D. Texas · 1992

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