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HALL v. RESOLUTION TRUST CORP.

No. 91-1179.

958 F.2d 75 (1992)

Craig HALL, Plaintiff-Counter Defendant-Appellant, v. RESOLUTION TRUST CORPORATION, as receiver of Commonwealth Federal Savings Association, Defendant-Counter Plaintiff-Appellee.

United States Court of Appeals, Fifth Circuit.

April 8, 1992.

Attorney(s) appearing for the Case

Lyman G. Hughes, Barry R. Bell, Carrington, Coleman, Sloman & Blumenthal, Dallas, Tex., for plaintiff-counter defendant-appellant.

Larry M. Lesh, Bradley C. Weber, Locke, Purnell, Rain & Harrell, Dallas, Tex., for defendant-counter plaintiff-appellee.

Before GOLDBERG, SMITH and DUHÉ, Circuit Judges.

GOLDBERG, Circuit Judge:

This case is about a $7.2 million loan. Craig Hall, the borrower, brought this action against Commonwealth Federal Savings Association, the lender (now under the receivership of the Resolution Trust Corporation), alleging that Commonwealth unreasonably refused to accept Hall's offer of a collateral substitution. Commonwealth counterclaimed, asserting its right to an acceleration of all loan payments due. On motion for summary judgment, the...

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