SPRINGLAKE CORP. v. SYMMARRON LTD.

No. 849, September Term, 1989.

81 Md. App. 694 (1990)

569 A.2d 715

SPRINGLAKE CORPORATION, RECEIVER v. SYMMARRON LIMITED PARTNERSHIP, ET AL.

Court of Special Appeals of Maryland.

February 8, 1990.


Attorney(s) appearing for the Case

Dale E. Cantone (Deborah Farmer Minot and Hylton & Gonzales, on the brief), Baltimore, for appellant.

Raymond S. Smethurst, Jr. (Fletcher P. Thompson, and Adkins, Potts & Smethurst, on the brief), Salisbury, for appellees.

Argued before MOYLAN, WILNER and GARRITY, JJ.


WILNER, Judge.

This case is another part of the fallout descending from the machinations of Jeffrey Levitt, erstwhile president of Old Court Savings & Loan Association. The only question is whether the Circuit Court for Worcester County erred in concluding, on summary judgment, that a certain lease and leaseback arrangement entered into at the insistence of Mr. Levitt was unenforceable because it violated a regulation promulgated by the State Board of Building...

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