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MILL INVESTMENTS, INC. v. BROOKS WOOLEN CO., INC.

Civ. No. 91-249-P-C.

797 F.Supp. 49 (1992)

MILL INVESTMENTS, INC., Plaintiff, v. BROOKS WOOLEN COMPANY, INC., Defendant, and International Woolen Co., Inc., and Mill Investments, Inc., Parties-in-Interest.

United States District Court, D. Maine.

June 23, 1992.

Attorney(s) appearing for the Case

Leland Chisholm, Kelly, Remmel & Zimmerman, Portland, Me., for Mill Investments.

Peter Murray, Murray, Plumb & Murray, Portland, Me., for Brooks Woolen.

Craig Smith, Pierce, Atwood, Scribner, Allen, Smith & Lancaster, Portland, Me. and Alan D'Ambrosio, Schader, Harrison, Segal & Lewis, New York City, for Intern. Woolen.

MEMORANDUM AND ORDER GRANTING MOTION TO REMAND

GENE CARTER, Chief Judge.

This action for foreclosure arises from a loan made by Maine National Bank to Defendant Brooks Woolen Company. In January, 1991, the Federal Deposit Insurance Corporation (FDIC) was appointed receiver of Maine National Bank. The FDIC assigned the loan to a bridge bank, New Maine National Bank, which commenced this suit in Maine Superior Court on March 19, 1991. In July, 1991, New Maine...

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