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CARTER'S COURT ASSOC. v. METROPOLITAN FEDERAL S&L

No. 3:91-0658.

844 F.Supp. 1205 (1994)

CARTER'S COURT ASSOCIATES, David E. Mills and Richard R. Standel, Jr., Plaintiffs/Counter-Defendants/Third-Party Plaintiffs, v. METROPOLITAN FEDERAL SAVINGS AND LOAN ASSOCIATION, a/k/a Metropolitan Federal Bank, Eddie W. Redmon, Resolution Trust Corporation and Metropolitan Federal Savings and Loan Association, F.A., Defendants/Counter-Plaintiffs.

United States District Court, M.D. Tennessee, Nashville Division.

January 27, 1994.

Attorney(s) appearing for the Case

M. Clark Spoden, Nashville, TN, for plaintiffs.

William E. Long, Memphis, TN, for defendants.

MEMORANDUM

JOHN T. NIXON, Chief Judge.

Plaintiffs Carter's Court Associates ("Carter's Court"), David E. Mills ("Mills")1, and Richard R. Standel, Jr. ("Standel") brought this action against Metropolitan Federal Savings and Loan Association, the predecessor in interest of the defendants, on November 15, 1990. The action arises out of a loan in the total principal amount of $1,525,000 (the "Loan") to Carter's Court, a general...

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