FEDERAL SAV. & LOAN INS. v. FLORIDA 100 DEV. GROUP

No. 86-10006-Civ-King.

670 F.Supp. 1577 (1987)

FEDERAL SAVINGS AND LOAN INSURANCE CORP., as receiver for Sunrise Savings and Loan Association, a Federal Savings and Loan Association, Plaintiff, v. FLORIDA 100 DEVELOPMENT GROUP, INC., etc., et al., Defendants.

United States District Court, S.D. Florida, Miami Division.

October 7, 1987.


Attorney(s) appearing for the Case

Squire, Sanders & Dempsey, Miami, for plaintiff.

David M. Wells, Miami, Fla., Alfred K. Firgola, Marathon, Fla., Bernard T. Moyle, Fort Lauderdale, Paul G. Fletcher, Homestead, Fla., for defendants.


ORDER GRANTING, IN PART, AND DENYING, IN PART, MOTION TO DISMISS COUNTERCLAIMS AND AFFIRMATIVE DEFENSES.

JAMES LAWRENCE KING, Chief Judge.

This action centers around a July 1983 loan in the amount of $3,380,000 made by Sunrise Savings and Loan Association of Florida ("Old Sunrise") to Florida 100 Development Group, Inc. ("Florida 100"). The loan was secured by a mortgage, and by the personal guarantees of defendants...

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