F.D.I.C. v. VEREX ASSUR., INC.

No. 88-1383-CIV.

795 F.Supp. 404 (1992)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for Sunrise Savings and Loan Association, a Federal Savings and Loan Association, Plaintiff, v. VEREX ASSURANCE, INC., Defendant.

United States District Court, S.D. Florida.

May 28, 1992.


Attorney(s) appearing for the Case

Craig P. Kalil, Squire, Sanders & Dempsey, Miami, Fla., for F.D.I.C.

Gerald Wald, Murai, Wald, Biondo & Moreno, P.A., Miami, Fla., for Verex.


ORDER ENTERING SUMMARY FINAL JUDGMENT FOR VEREX ASSURANCE, INC. AND DENYING SUMMARY FINAL JUDGMENT FOR FDIC

ARONOVITZ, District Judge.

This action was brought by Plaintiff Federal Deposit Insurance Corporation ("FDIC") against Verex Assurance, Inc. ("Verex") to recover sums allegedly due and owing under two certificates of insurance issued pursuant to a standard mortgage guaranty insurance policy. Verex counterclaimed seeking rescission of the two certificates...

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