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RESOLUTION TRUST v. SONNY'S OLD LAND CORP.

No. 90-3679.

937 F.2d 128 (1991)

RESOLUTION TRUST CORP., As Receiver of Delta Savings & Loan Association, Inc., Plaintiff-Appellee, v. SONNY'S OLD LAND CORP., et al., Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

July 17, 1991.

Attorney(s) appearing for the Case

Winthrop G. Gardner, New Orleans, La., for defendants-appellants.

George Denegre, Jr., Edward J. Gay, III, Liskow & Lewis, New Orleans, La., Daniel H. Kurtenbach, Federal Deposit Ins. Corp., Washington, D.C., for plaintiff-appellee.

Before REYNALDO G. GARZA, HIGGINBOTHAM, and DAVIS, Circuit Judges.

PATRICK E. HIGGINBOTHAM, Circuit Judge:

Delta Savings & Loan Association, Inc. sued in a Louisiana court for payments due under promissory notes and guaranties and for judicial recognition of mortgages securing the notes. The Resolution Trust Corporation, as conservator and receiver, was later substituted for Delta in the suit and simultaneously removed to federal district court, where it obtained summary judgment. On appeal defendants contend that the district...

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