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METCALF, LTD. v. FSLIC

Civ. A. No. 88-C-1511.

719 F.Supp. 953 (1988)

METCALF, LTD. and Donne F. Fisher, Plaintiffs, v. FSLIC, as receiver for State Federal Savings and Loan Association of Lubbock, Texas, Donald J. Shannon, Colorado First Mortgage Loan Corporation, Kelly Ohlson, Ronald Lustig, Thomas R. Sibbald, and Sibbald/Lustig Company, Defendants.

United States District Court, D. Colorado.

December 27, 1988.

Attorney(s) appearing for the Case

Craig Stirn, Sorensen and Konkel, Fort Collins, Colo., for Metcalf Sibbald Lustig.

Ramsey D. Myatt, March & Myatt, P.C., Fort Collins, Colo., for Donald J. Shannon.

Alden V. Hill, Gerald W. Laska, Fort Collins, Colo., J. Currie Bechtol, John F. Carter, II, Houston, Tex., David Mullin, John M. Brown, Amarillo, Tex., and James H. Lauer and Kathryn R. Norcross, Office of the Gen. Counsel, Federal Home Loan Bank Bd., Washington, D.C., for FSLIC.

ORDER

CARRIGAN, District Judge.

Plaintiffs Metcalf, Ltd ("Metcalf") and Donne F. Fisher commenced this action by filing a complaint against State Federal Savings and Loan Association of Lubbock, Texas, ("State Federal"), and various other defendants, in the state district court for Larimer County, Colorado. On September 22, 1988, the Federal Savings and Loan Insurance Corporation ("FSLIC"), in both its corporate and receiver capacities, filed a motion to...

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