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FEDERAL SAV. & LOAN INS. CORP. v. TRI-PARISH VENTURES, LTD.

No. 88-3435.

881 F.2d 181 (1989)

FEDERAL SAVINGS & LOAN INSURANCE CORP., Receiver for Sunbelt Federal Bank, F.S.B., Plaintiff-Appellant, v. TRI-PARISH VENTURES, LTD., et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

August 25, 1989.

Attorney(s) appearing for the Case

Claude C. Lightfoot, Jr., Metairie, La., for plaintiff-appellant.

Bruce A. Cranner, John R. Martzell, Jane Ettinger, New Orleans, La., for defendants-appellees.

Before RUBIN, POLITZ, and JOHNSON, Circuit Judges.

On Rehearing

POLITZ, Circuit Judge:

Acting sua sponte, the court withdraws its opinion issued May 30, 1989, and substitutes the following.

The Federal Savings and Loan Insurance Corporation ("FSLIC") appeals the dismissal of its claim for a deficiency judgment against persons who mortgaged property to its predecessor, contending that the district court erred in concluding that those mortgagors were...

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