CEDARBROOK ASSOCIATES v. EQUITEC SAV. BANK

Civ. A. No. 87-2175.

678 F.Supp. 107 (1987)

CEDARBROOK ASSOCIATES, et al. v. EQUITEC SAVINGS BANK.

United States District Court, E.D. Pennsylvania.

October 13, 1987.


Attorney(s) appearing for the Case

Gilbert B. Abramson, Thomas S. McNamara, Bruce L. Thall, Abramson, Cogan, Kogan, Freeman & Thall, P.C., Philadelphia, Pa., for plaintiffs.

William H. Ewing, Hangley, Connolly, Epstein, Chicco, Foxman & Ewing, Philadelphia, Pa., Robert T. Sullwold, Orrick, Herrington & Sutcliffe, San Francisco, Cal., for defendant.


ORDER/MEMORANDUM

LUDWIG, District Judge.

Defendant Equitec Savings Bank moves to dismiss for improper venue. Fed.R. Civ.P. 12(b)(3).

Plaintiffs sued to compel the performance of a loan commitment of $13.5 million, dated January 24, 1986, given by defendant on the refinancing of the Cedarbrook Shopping Mall, located in Wyncote, Pennsylvania. Plaintiffs are Pennsylvania citizens and defendant is a California corporation. The motion involves the validity...

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