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FEDERAL SAV. AND LOAN INS. CORP. v. PORT ALLEN DEVELOPMENT CORP.

Civ. A. No. 86-788-B.

684 F.Supp. 439 (1988)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION as Receiver for New Orleans Federal Savings & Loan Association v. PORT ALLEN DEVELOPMENT CORPORATION, et al.

United States District Court, M.D. Louisiana.

January 22, 1988.

Attorney(s) appearing for the Case

Milling, Benson, Woodward, Hillyer, Pierson & Miller, P.L.C., Linda A. Hoffman, Herschel L. Haag, III, New Orleans, La., for FSLIC.

T. Michael White, Port Allen, La., for Lewis.

Wilbert F. Jordan, Jr., Baton Rouge, La., for Hosch.

POLOZOLA, District Judge.

This matter is before the court on the motion of the plaintiff, The Federal Savings and Loan Insurance Corporation, as receiver for New Orleans Federal Savings & Loan Association ("FSLIC"), for summary judgment as to the defendant, Billy R. Lewis. Oral argument was held in this matter on December 4, 1987. For the reasons which follow, the court finds that plaintiff's motion for summary judgment should be granted.

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