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RESOLUTION TRUST CORP. v. BAYSIDE DEVELOPERS

No. C-92-0917-CAL.

817 F.Supp. 822 (1993)

RESOLUTION TRUST CORPORATION, as Conservator for Great American First Savings Bank, v. BAYSIDE DEVELOPERS.

United States District Court, N.D. California.

As Amended March 4, 1993.

Attorney(s) appearing for the Case

Dennis Sanford Klein, Hughes Hubbard & Reed, Washington, DC, for plaintiff.

Sandra Naisbitt Rowell, Woodside, CA, for defendant.

AMENDED OPINION

LEGGE, District Judge.

The appointment of the plaintiff Resolution Trust Corporation to be the conservator of former plaintiff Great American First Savings Bank has placed this case in a unique posture. That is, this federal trial court is now sitting in review of a decision of a state court of appeal, on an issue of state real estate law. This opinion will first discuss how the case got to this point. This court will then discuss what it...

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