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INTERDEVCO, INC. v. BRICKELLBANC SAV. ASS'N

No. 87-637.

524 So.2d 1087 (1988)

INTERDEVCO, INC., and Interdevco-Grove Square, Inc., Petitioners, v. BRICKELLBANC SAVINGS ASSOCIATION and Hollywood Federal Savings & Loan Association, Respondents.

District Court of Appeal of Florida, Third District.

May 3, 1988.

Attorney(s) appearing for the Case

Squadron, Ellenoff, Mandler, Plesent & Lehrer and Bernard S. Mandler, Miami, for petitioners.

Ellis, Spencer, Butler & Kisslan and Robert Paul Keeley, Hollywood, for respondent Hollywood Federal Sav. & Loan Ass'n.

Dubbin, Berkman, Garber, Bloom & Moriber and Scott Rubin, Miami, for respondent Brickellbanc Sav. Ass'n.

Before HUBBART, FERGUSON and JORGENSON, JJ.

ON MOTION FOR REHEARING

FERGUSON, Judge.

The petitioners, Interdevco, Inc. and Interdevco-Grove Square, Inc., seek reversal of an order appointing a receiver.

Interdevco commenced this litigation against appellee Brickellbanc on a complaint alleging "bad-faith" lending practices, admitting nonpayment on a construction loan, and seeking a restructuring or modification of the loan agreements to recover certain commitment and extension fees. Brickellbanc...

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