PRUDENTIAL CAROLINAS REALTY v. CAMBRIDGE DEV. CORP.

Civ. A. No. 2:93-0412-18.

872 F.Supp. 256 (1994)

PRUDENTIAL CAROLINAS REALTY, Plaintiff, v. CAMBRIDGE DEVELOPMENT CORPORATION, 111 Tradd, Inc., and Resolution Trust Corporation as Conservator for Cooper River Federal Savings & Loan Association, Defendants.

United States District Court, D. South Carolina, Charleston Division.

Amended Order March 8, 1994.


Attorney(s) appearing for the Case

John Hamilton Smith, Charleston, SC, for plaintiff.

Bruce E. Miller, Charleston, SC, Frank M. Cisa, John J. Dodds, III, Mt. Pleasant, SC, for defendants.


ORDER

NORTON, District Judge.

This matter is before the court upon Defendant's, Resolution Trust Corporation's (hereinafter "RTC"), motion for summary judgment on the cross-claim filed by it against the other Defendants.

I. BACKGROUND

Plaintiff initiated this interpleader action seeking the permission of the court to deposit with the Clerk of Court the sum of $50,000.00. Plaintiff was holding $50,000.00 in accordance with...

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