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FEDERAL SAV. & LOAN INS. CORP. v. QUALITY INNS, INC.

Nos. 88-1566, 88-1567 and 88-1725.

876 F.2d 353 (1989)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, as Receiver for San Marino Savings and Loan Association, Plaintiff-Appellee, v. QUALITY INNS, INC.; Quality Hotels and Resorts, Inc., Defendants-Appellants, and Quality Inns International, Inc., Defendant. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, as Receiver for San Marino Savings and Loan Association, Plaintiff-Appellant, v. QUALITY INNS, INC.; Quality Hotels and Resorts, Inc.; Quality Inns International, Defendants-Appellees. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, as Receiver for San Marino Savings and Loan Association, Plaintiff-Appellee, v. QUALITY INNS, INC.; Quality Hotels and Resorts, Inc., Defendants-Appellants, and Quality Inns International, Defendant.

United States Court of Appeals, Fourth Circuit.

Decided May 30, 1989.

Attorney(s) appearing for the Case

David F. Albright, Sr. (Harry M. Rifkin, Semmes, Bowen & Semmes, on brief), for appellants/cross-appellees.

Michael H. Krimminger, Daniel M. Litt (Melrod, Redman & Gartlan; Dorothy L. Nichols, James L. Blair, Federal Home Loan Bank Bd., on brief), for appellee/cross-appellant.

Before HALL and MURNAGHAN, Circuit Judges, and BUTZNER, Senior Circuit Judge.

BUTZNER, Senior Circuit Judge:

This appeal arises from an action brought by the Federal Savings and Loan Insurance Corporation (FSLIC), in its capacity as receiver for San Marino Savings and Loan Association, seeking to recover damages from Quality Inns, Inc., Quality Hotels and Resorts, Inc. (Quality), and Quality Inns International, Inc.1 Quality appeals the district court's judgment finding Quality liable to the FSLIC for breach of...

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