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RESOLUTION TRUST CORP. v. 1601 PARTNERS, LTD.

Civ. A. No. 3-91-2095-H.

796 F.Supp. 238 (1992)

RESOLUTION TRUST CORPORATION as Receiver for San Jacinto Savings Association, F.A., Plaintiff, v. 1601 PARTNERS, LTD., Southmark Investment Group, Inc., SHL General Partner XIII, Ltd., SHL Properties Acquisition Corp. II., Gene E. Phillips and William S. Friedman, Defendants.

United States District Court, N.D. Texas, Dallas Division.

June 23, 1992.

Attorney(s) appearing for the Case

R. Whitney Meyers, Jr., Patricia M. Reed, David M. Gottfried and David I. Hammond, Leonard Marsh Hurt Terry & Blinn, Dallas, for plaintiff.

Charles W. Cunningham, McKool Smith, Dallas, for defendants Phillips and Friedman.

Michael A. Barragan, Gardere & Wynne, Dallas, for defendant 1601 Partners, Ltd.

MEMORANDUM OPINION AND ORDER

SANDERS, Chief Judge.

Before the Court are: Plaintiff's Motion for Summary Judgment, filed May 1, 1992; Response by Defendants Phillips and Friedman, filed May 15, 1992; Plaintiff's Reply, filed June 1, 1992; and Sur-Reply of Phillips and Friedman, filed June 8, 1992.

BACKGROUND

This suit arises from the default by Defendant 1601 Partners, Ltd. on certain payments...

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