FUMERO-VIDAL v. FIRST FEDERAL SAV. BANK

Civ. No. 91-1617-G.

788 F.Supp. 1275 (1992)

Jose Roberto FUMERO-VIDAL, Ana Teresa Perez De Fumero and their Conjugal Partnership, Plaintiffs, v. FIRST FEDERAL SAVINGS BANK, Defendant.

United States District Court, D. Puerto Rico.

March 6, 1992.


Attorney(s) appearing for the Case

José A. Pagán Nieves, San Juan, P.R., for plaintiffs.

Carmen I. Sánchez Rios, Santurce, P.R., Pedro J. Santa Sánchez, O'Neill & Borges, Hato Rey, P.R., for defendant.


MEMORANDUM OF DECISION

GARRITY, District Judge.

Plaintiffs have sued the defendant Bank for damages allegedly caused by the defendant's breach of an agreement with plaintiffs and others pertaining to a loan to a corporation, repayment of which was guaranteed by one of the plaintiffs. Plaintiffs assert federal jurisdiction under 12 U.S.C. § 632 on the basis that their suit arises out of traditional banking transactions executed by the defendant, which...

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