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RESOLUTION TRUST v. AVON CENTER HOLDINGS

No. 91CA1208.

832 P.2d 1073 (1992)

RESOLUTION TRUST CORPORATION, as Receiver for Western Gulf Savings & Loan Association, a Texas corporation, Plaintiff-Appellee, v. AVON CENTER HOLDINGS, INC., a Colorado corporation, and Nicolas Marsch, III, Defendants-Appellants.

Colorado Court of Appeals, Div. IV.

Rehearing Denied May 7, 1992.

Attorney(s) appearing for the Case

Hopper and Kanouff, P.C., James R. Miller, Paul R. Wood, Denver, for plaintiff-appellee.

Mosley, Wells, Johnson & Ruttum, P.C., Philip E. Johnson, Jay D. Pedelty, Denver, for defendants-appellants.

Opinion by Chief Judge STERNBERG.

Defendants, Avon Center Holdings, Inc., and Nicolas Marsch, appeal the judgment entered against them on breach of a stipulated judgment. We affirm.

The essential facts are undisputed. The action was commenced in December of 1986 by Western Gulf Savings and Loan Association (lender), predecessor in interest to the Resolution Trust Corporation (RTC). Lender sought to collect an alleged deficiency remaining due on a promissory...

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