HOMES BY MICHELLE, INC. v. FEDERAL SAV. BANK

Civ. A. No. 1:89-CV-1971-MHS.

733 F.Supp. 1495 (1990)

HOMES BY MICHELLE, INC., et al., Plaintiffs, v. The FEDERAL SAVINGS BANK, et al., Defendants.

United States District Court, N.D. Georgia, Atlanta Division.

April 3, 1990.


Attorney(s) appearing for the Case

Steve J. Davis, Charles Anthony Smith, Phears & Dailey, Norcross, Ga., for plaintiffs.

George William Long, III, Kirk W. Watkins, Parker Johnson Cook & Dunlevie, Atlanta, Ga., for Federal Sav. Bank.

James Tolbert Johnston, Jr., Hunter MacLean Exley & Dunn, Savannah, Ga., Timothy J. Sweeney, Harman Owen Saunders & Sweeney, Atlanta, Ga., for Thomas Stacey.

Anthony L. Cochran, Chilivis & Grindler, Atlanta, Ga., for Bruce Milligan.


ORDER

SHOOB, District Judge.

Amidst allegations of what the Court must term an unusual fraudulent financing scheme, plaintiffs have filed this suit seeking damages for banking violations, racketeering activity, and pendent state law claims. Defendants have filed separate motions to dismiss, all of which argue that the complaint should be dismissed for lack of subject matter jurisdiction and failure to state a claim upon which relief can be granted. A thorough...

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