MANUFACTURERS NAT. BANK v. BROWNSTOWN SQUARE APTS.

Civ. A. No. 8-71268.

491 F.Supp. 206 (1980)

MANUFACTURERS NATIONAL BANK OF DETROIT, a National Banking Association, Plaintiff, v. BROWNSTOWN SQUARE APARTMENTS, a Michigan Limited Partnership, et al., Defendants.

United States District Court, E. D. Michigan, S. D.

March 4, 1980.


Attorney(s) appearing for the Case

Michael R. Main, Michael D. Boutell, Christian C. Nilson, Detroit, Mich., for plaintiff.

Samuel J. Behringer, Jr., Asst. U. S. Atty., Detroit, Mich., for Patricia Harris.

Edward F. Kickham, Lawrence D. McLaughlin, Detroit, Mich., for Mid-States Mortgage Corp.

Clunet R. Lewis, Ellen Christensen, Detroit, Mich., for Brownstown Square Apartments and Bernard and Leslie Schrott.


MEMORANDUM OPINION

JULIAN ABELE COOK, Jr., District Judge.

This case has raised difficult questions regarding the Court's jurisdiction. The Court will begin by briefly outlining the relevant facts.

Brownstown wanted to build an apartment complex. It secured a loan from Midstate in the amount of $3.29 Million, with a mortgage securing the loan. The loan was federally insured. Additionally, Midstate desired...

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