Legal Opinion
Federal Savings & Loan Insurance v. Homes International Development Corp.
District Court, S.D. Florida
Decided September 7, 1989No. 87-8912-CIV, 87-8913-CIVPublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM DECISION
SCOTT, District Judge.
These consolidated cases were filed in the wake of yet another failed savings and loan institution. In the first action, the Federal Savings and Loan Insurance Corporation (“FSLIC”), as receiver for Vernon Savings and Loan Association (“Vernon”), seeks to foreclose a mortgage securing a promissory note for $8.9 million. In the second action, Twin Construction, Inc. (“Twin”) seeks to foreclose a mechanics lien for $1.5 million on the same property. Each seeks priority of payment.
FSLIC has moved for summary judgment in both cases, claiming that, as a…
2Cases cited7 opinions
- 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
- Chatham Ventures, Inc., Scott Thompson and Laurie K. Abbott v. Federal Deposit Insurance Corporation, Chatham Ventures, Inc., Scott Thompson and Laurie K. Abbott v. Federal Deposit Insurance CorporationCourt of Appeals for the Fifth Circuit · 1981
- Federal Savings and Loan Insurance Corporation v. Two Rivers Associates, Inc.Court of Appeals for the Eleventh Circuit · 1989
- Federal Deposit Insurance Corporation v. Hoover-Morris Enterprises, Etc.Court of Appeals for the Fifth Circuit · 1981
2 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Federal Savings & Loan Insurance Corp. v. GordyCourt of Appeals for the Eleventh Circuit · 1991
- Twin Construction, Inc. v. Boca Raton, Inc.Court of Appeals for the Eleventh Circuit · 1991
- Reisig v. Resolution Trust Corp.Colorado Court of Appeals · 1991
- Madonna Corp. v. Federal Deposit Insurance Corp.District Court of Appeal of Florida · 1990
- Glen Johnson, Inc. v. Resolution Trust Corp.District Court of Appeal of Florida · 1990
2 more not listed; retrieve them via the Exa API.