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RESOLUTION TRUST CORP. v. SLOAN

No. LR-C-91-325.

775 F.Supp. 326 (1991)

RESOLUTION TRUST CORPORATION as Receiver of American Savings and Loan Association, Plaintiff, v. Rose B. SLOAN, Defendant. Rose B. SLOAN, Third-Party Plaintiff, v. Alfred D. FOWLER and Dawn W. Beam, d/b/a Quality Home Improvement Company; Quality Home Improvement Company, Third-Party Defendants.

United States District Court, E.D. Arkansas, W.D.

October 7, 1991.

Attorney(s) appearing for the Case

John E. Pruniski, III and Randall I. Hall, No. Little Rock, Ark., for Resolution Trust Corp.

Paul J. James, Little Rock, Ark., for Rose B. Sloan.

MEMORANDUM AND ORDER

SUSAN WEBBER WRIGHT, District Judge.

This case presents the question of whether the Resolution Trust Corporation (RTC), as receiver of the American Savings and Loan Association, properly removed a foreclosure action from state court. For the reasons explained below, the Court denies the defendant's motion to remand the case to the Chancery Court of Pulaski County, Arkansas.

The RTC originally filed its foreclosure complaint in...

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