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LARSON v. FIRST INTERSTATE BANK OF ARIZONA, N.A.

No. Civ. 83-500 Phx. WPC.

603 F.Supp. 467 (1983)

Wallace LARSON and Margaret Larson, husband and wife, Plaintiffs, v. FIRST INTERSTATE BANK OF ARIZONA, N.A., Defendant, Federal Deposit Insurance Corporation, as Receiver of Penn Square Bank, N.A., Intervening Defendant.

United States District Court, D. Arizona.

April 15, 1983.

Attorney(s) appearing for the Case

Thomas C. Horne, of Campana & Horne, Phoenix, Ariz., for plaintiff.

Louis A. Stahl, of Streich, Lang, Weeks & Cardon, Phoenix, Ariz., for defendant.

Edward M. Lewis, of Lewis & Roca, Phoenix, Ariz., for intervening defendant.

MEMORANDUM AND ORDER

COPPLE, District Judge.

This action is before this Court following removal from Maricopa County Superior Court. Plaintiffs are Wallace and Margaret Larson. Defendants are First Interstate Bank of Arizona, N.A. (First Interstate) and the Federal Deposit Insurance Corporation (FDIC). Plaintiffs seek grant of a preliminary injunction to prevent First Interstate from honoring a call by FDIC on a letter of credit issued for the account of...

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