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FED. SAV. & LOAN INS. v. SHEARSON-AMERICAN EXP.

Civ. No. 84-0758(RLA).

658 F.Supp. 1331 (1987)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, Cross-Claimant, v. SHEARSON-AMERICAN EXPRESS, INC.; Shearson-American Express De Puerto Rico, Inc.; Miguel Serrano Arreche; Ponce M.A. Developers, Inc.; Juan Luis Boscio; Owen Beverage; North-American International, Inc., Cross-Defendants. Jaime N. DAVILA, Cross-Claimant, v. Miguel SERRANO-ARRECHE, Cross-Defendant.

United States District Court, D. Puerto Rico.

April 15, 1987.

Attorney(s) appearing for the Case

Roberto Boneta, Trias Doval Muñoz Acevedo & Otero, San Juan, P.R., for FDIC.

Gilberto Mayo Aguayo, Mayo & Mayo, Santurce, P.R., for Davila.

Salvador Antonetti, Fiddler Gonzalez & Rodriguez, San Juan, P.R., for Shearson.

José L. Correa Cintrón, San Juan, P.R., for Serrano.

OPINION AND ORDER

ACOSTA, District Judge.

Before the Court is the motion to dismiss filed by cross-defendants Shearson Lehman Brothers, Inc. ("Shearson") and Shearson Lehman Brothers, Inc. (Puerto Rico) ("Shearson PR") on April 7, 1986, collectively identified as the "Shearson Companies" or "Shearson defendants".1 Shearson and Shearson PR seek the dismissal of the Amended Cross-claims...

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