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FIRST TRUST CO. v. UNION DEPOT PLACE

No. C1-91-1119.

476 N.W.2d 178 (1991)

FIRST TRUST COMPANY, INC., Appellant, v. UNION DEPOT PLACE LIMITED PARTNERSHIP, et al., Defendants, LeeAnn Chin, Inc., Thoele Printing, Inc., Respondents. FIRST TRUST NATIONAL ASSOCIATION, Appellant, v. CONTINENTAL CABLEVISION OF ST. PAUL, INC., Respondent. WELSH COMPANIES, Plaintiff, v. CONTINENTAL CABLEVISION OF ST. PAUL, INC., Defendant. In the Matter of the TRUSTEESHIP CREATED BY the HRA of the CITY OF ST. PAUL.

Court of Appeals of Minnesota.

Review Denied December 13, 1991.

Attorney(s) appearing for the Case

Patrick J. McLaughlin, Eric B. Nilsson, Oppenheimer, Wolff & Donnelly, Minneapolis, for plaintiff.

William W. Rosen, David D. Meyer, William P. Simons, Rosen, Meyer & Simons, St. Paul, for LeeAnn Chin, Inc.

James A. Geske, O'Neill, Burke, O'Neill, Leonard & O'Brien, Ltd., St. Paul, for Thoele Printing, Inc.

John G. Hoeschler, Robert A. Alsop, Holmes & Graven, Ch., Minneapolis, for Continental Cablevision of St. Paul, Inc.

Considered and decided by DAVIES, P.J., PARKER, and AMUNDSON, JJ.

OPINION

PARKER, Judge.

First Trust National Association appeals from a judgment denying its request for instructions to disburse money in a reserve fund to the bondholders and instead ordering the trustee to pay for operating deficits and emergency repairs of a building it owns. We affirm.

FACTS

This case arises from consolidation of four cases involving commercial property in St. Paul known as the Union Depot Place. They include a declaratory...

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