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FEDERAL DEPOSIT INS. CORP. v. DE JESUS VELEZ

Civ. No. 80-0074.

514 F.Supp. 829 (1981)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its corporate capacity, Plaintiff, v. Manuel DE JESUS VELEZ, Defendant.

United States District Court, D. Puerto Rico.

April 20, 1981.

Attorney(s) appearing for the Case

Gustavo A. Gelpí, San Juan, P. R., for plaintiff.

Celestino Morales, Jr., San Juan, P. R., for defendant.

OPINION AND ORDER

GIERBOLINI, District Judge.

Plaintiff is trying to collect on a promissory note in the principal amount of $25,000 which it acquired from the receiver of Banco de Ahorro de Puerto Rico (the Bank), pursuant to the provisions of the Federal Deposit Insurance Act (the Act), particularly 12 U.S.C. Section 1823(e). Jurisdiction, which according to the complaint is invoked under 12 U.S.C. § 1819 and 28 U.S.C. § 1345, is in dispute....

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