BANCO Y AGENCIA v. URBANIZADORA VILLALBA

Civ. Nos. 86-0332 (JAF), 86-0487 (JAF).

681 F.Supp. 981 (1988)

BANCO y AGENCIA de FINANCIAMIENTO de la VIVIENDA de PUERTO RICO, Plaintiff, v. URBANIZADORA VILLALBA, et al., Defendants. BANCO y AGENCIA de FINANCIAMIENTO de la VIVIENDA de PUERTO RICO, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant.

United States District Court, D. Puerto Rico.

March 18, 1988.


Attorney(s) appearing for the Case

Cancio, Nadal & Rivera, San Juan, P.R., for plaintiff.

Feldstein Gelpi Hernandez & Gotay, San Juan, P.R., for Federal Deposit Ins. Corp.

Maximiliano Trujillo, Bayamón, P.R., for Urbanizadora Villalba.

Francisco A. Rosa Silva, San Juan, P.R., for Trans World Assur. Co.


OPINION AND ORDER

FUSTE, District Judge.

The Banco y Agencia de Financiamiento de la Vivienda de Puerto Rico ("Housing Bank") originally filed these two separate cases in the Superior Court of Puerto Rico, San Juan part, seeking declaratory judgments. The Federal Deposit Insurance Corporation ("FDIC"), one of the several defendants in both actions, timely filed petitions for removal in both. The Housing Bank moves to remand both cases, and the FDIC seeks...

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