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E.F. HUTTON MORTG. CORP. v. PAPPAS

Civ. No. H-87-552.

690 F.Supp. 1465 (1988)

E.F. HUTTON MORTGAGE CORPORATION, Plaintiff, v. Harry G. PAPPAS, Jr., et al., Defendants.

United States District Court, D. Maryland.

June 28, 1988.

Attorney(s) appearing for the Case

Howard R. Hawkins, Gregory M. Petrick, Grant B. Hering and Cadwalader, Wickersham & Taft, New York City, and Phillips P. O'Shaughnessy, P.A., Baltimore, Md., for plaintiff.

Wilbur D. Preston, Jr., Gerard J. Gaeng, and Whiteford, Taylor & Preston, Baltimore, Md., and Daniel F. Kolb and Davis, Polk and Wardwell, Washington, D.C., for defendants.

ALEXANDER HARVEY, II, Chief Judge.

This civil action is one of the many suits which have been filed in this Court as a result of the massive fraudulent activity of Michael H. Clott, formerly Chairman and Chief Executive Officer of the bankrupt First American Mortgage Company, Inc. (hereinafter "FAMCO"). In its Opinion recently filed in E.F. Hutton Mortgage Corp. v. Equitable Bank, N.A., 678 F.Supp. 567 (D.Md.1988) (hereinafter...

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