FIRST FINANCIAL S & L v. FEDERAL SAV. & LOAN INS.

Nos. LR-C-86-724, LR-C-86-725.

651 F.Supp. 1289 (1987)

FIRST FINANCIAL SAVINGS AND LOAN OF EL DORADO, First Federal Savings and Loan Association of Rogers, Arkansas, et al., Plaintiffs, v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, as Receiver for Firstsouth, F.A., Defendant. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, as Receiver for Firstsouth, F.A., Plaintiff/Counterdefendant, v. FIRST JACKSONVILLE BANK, et al, Defendants/Counterplaintiffs.

United States District Court, E.D. Arkansas, W.D.

January 21, 1987.


Attorney(s) appearing for the Case

Allan Gates, Mitchell, Williams, Selig, Jackson & Tucker, Little Rock, Ark., for First Financial Sav. and Loan of El Dorado and First Jacksonville Bank.

Peter Heister and Randall Miller, Eichenbaum, Scott, Miller, Crockett, Liles & Heister, James Wesley Cherry, Jr., Little Rock, Ark., Hopkins & Sutter, Chicago, Ill., Andrews & Kurth, Houston, Tex., for Federal Sav. and Loan Ins. Corp.


MEMORANDUM OPINION AND ORDER

HENRY WOODS, District Judge.

Pending now before this court is the motion of the Federal Savings and Loan Insurance Corporation (FSLIC), as receiver for First South, F.A., to dismiss the Amended Complaint and Amended Counterclaim of the parties collectively referred to as the "Sundance Participants" pursuant to Rules 12(b)(1) and 12(b)(6) of the Fed.R. Civ.P.

I. INTRODUCTION

This proceeding arises out of two...

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