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RESNA ASSOCIATES v. FINANCIAL EQUITY MORTG. CORP.

Civ. A. No. 87-933.

673 F.Supp. 1371 (1987)

RESNA ASSOCIATES, LTD., a Limited Partnership of the State of New Jersey, Plaintiff, v. FINANCIAL EQUITY MORTGAGE CORPORATION and Life Savings and Loan Association of America, Defendants.

United States District Court, D. New Jersey.

November 17, 1987.

Attorney(s) appearing for the Case

Ira E. Weiner, Weiner & Hiebler, Montville, N.J., for plaintiff.

Robert G. Rose, Pitney, Hardin, Kipp & Szuch, Morristown, N.J., for defendant Life Sav. of America.

OPINION

LECHNER, District Judge.

This action was originally instituted by Resna Associates, Ltd. ("Resna") in the Superior Court of New Jersey, Law Division, Morris County, seeking damages resulting from the refusal of the Financial Equity Mortgage Corporation ("FEMC") to honor a mortgage commitment. Resna also asserted a claim against Life Savings and Loan Association of America ("Life Savings") because allegedly...

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