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E.F. HUTTON MORTG. CORP. v. EQUITABLE BANK, N.A.

Civ. No. H-86-2541.

678 F.Supp. 567 (1988)

E.F. HUTTON MORTGAGE CORPORATION, Plaintiff, v. EQUITABLE BANK, N.A., Defendant. EQUITABLE BANK, N.A., Counter-Plaintiff, v. E.F. HUTTON MORTGAGE CORPORATION and E.F. Hutton Group, Inc., Counter-Defendants.

United States District Court, D. Maryland.

January 25, 1988.

Attorney(s) appearing for the Case

Howard R. Hawkins, Jr., David R. Kittay, Robert M. Horkovitch and Cadwalader, Wickersham & Taft, New York City and Phillips P. O'Shaughnessy and Sandbower, Gabler & O'Shaughnessy, P.A., Baltimore, Md., for plaintiff and counter-defendants.

John Vanderstar, Coleman S. Hicks and Covington & Burling, Washington, D.C. and Michael D. Colglazier, John H. Culver, III and Miles & Stockbridge, Baltimore, Md., for defendant and counter-plaintiff.

ALEXANDER HARVEY, II, Chief Judge.

On December 17, 1987, Michael H. Clott was sentenced by Judge Smalkin of this Court to 12½ years imprisonment, pursuant to Clott's pleas of guilty in two separate cases to charges of fraud and racketeering. United States v. Clott, Criminal No. S-87-0190 and United States v. Clott, Criminal No. S-87-0313. Clott had been Chairman and Chief Executive Officer of First American Mortgage Company, Inc. (hereinafter "FAMCO...

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