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FEDERAL SAV. & LOAN INS. CORP. v. D & D GOLFVIEW PROPERTIES, INC.

No. 87-5539.

874 F.2d 1509 (1989)

FEDERAL SAVINGS & LOAN INSURANCE CORP., as receiver for Sunrise Savings & Loan Assoc., Plaintiff-Appellant, v. D & D GOLFVIEW PROPERTIES, INC., et al., Defendants-Appellees. FEDERAL SAVINGS & LOAN INSURANCE CORP., as receiver for Sunrise Savings & Loan Assoc., Plaintiff-Appellant, v. FLORIDA NATIONAL BANK, Defendant-Appellee. FEDERAL SAVINGS & LOAN INSURANCE CORP., as receiver for Sunrise Savings & Loan Assoc., Plaintiff-Appellant, v. Bengt BLOOM, Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

June 8, 1989.

Attorney(s) appearing for the Case

Eben G. Crawford, Washington, D.C., for Federal Sav. & Loan Ins. Corp.

David H. Baker, Elizabeth T. Maass, Paul B. Erickson, Palm Beach, Fla., for Florida Nat. Bank.

Steven R. Jacob, Boynton Beach, Fla., for Bloom.

Before VANCE and HATCHETT, Circuit Judges.

VANCE, Circuit Judge:

This action arose from the 1985 insolvency of Sunrise Savings & Loan Association, Inc. ("Old Sunrise"). The Federal Home Loan Bank Board appointed the Federal Savings and Loan Insurance Corporation (FSLIC) as receiver for Old Sunrise and created Sunrise Federal to take over certain assets of Old Sunrise. Among the assets and liabilities transferred to Sunrise Federal were two state court actions brought by Old Sunrise against the Florida...

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