MERY v. UNIVERSAL SAV. ASS'N

Civ. A. No. H-89-0006.

737 F.Supp. 1000 (1990)

Edward K. MERY and Jamil M. Karam, Plaintiffs, v. UNIVERSAL SAVINGS ASSOCIATION, C.F. Kendall, II, L. Dean Pickney, Sr., James D. Purdom, Jr., Michael L. Blanchard, and M.L. Schehin, Defendants.

United States District Court, S.D. Texas, Houston Division.

May 14, 1990.


Attorney(s) appearing for the Case

Tom Joseph, P.C., Kay A. Elsasser, San Antonio, Tex., for plaintiffs.

Calvin, Dylewski, Gibbs, Maddox, Russell & Verner, David T. Maddox and Brigid D. Ashcraft, Houston, Tex., for defendants.


SUMMARY JUDGMENT

HOYT, District Judge.

Pending before the Court is the defendant, Universal Savings ("Universal"), motion for summary judgment. This Court must determine the validity of the plaintiffs' allegations in a somewhat unremarkable, yet allegedly dishonest fraudulent financing scheme. After careful consideration of the motion, responses, and the relevant statutes, this Court finds that summary judgment as to the Resolution Trust Corporation is appropriate...

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