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BURROUGHS v. COLONY FIRST FEDERAL SAV. & LOAN ASS'N

Civ. A. No. 93-290E.

858 F.Supp. 58 (1994)

John F. BURROUGHS, Theresa M. Burroughs, Plaintiffs, v. COLONY FIRST FEDERAL SAVINGS & LOAN ASSOCIATION, aka First Federal of Western Pennsylvania, Inc., Knutson Mortgage Corporation, Resolution Trust Corporation, Defendants.

United States District Court, W.D. Pennsylvania.

June 27, 1994.

Attorney(s) appearing for the Case

George Joseph, Quinn, Buseck, Leemhuis, Toohey & Kroto, Inc., Erie, PA, for plaintiffs.

Mary P. Portis, Portis & Associates, Pittsburgh, PA, for defendants.

MEMORANDUM ORDER

COHILL, District Judge.

Before the Court is a Motion to Dismiss filed by defendant Resolution Trust Corporation (RTC), receiver for Colony First Federal Savings and Loan Association (Colony). The motion is in response to a complaint filed by plaintiffs John F. Burroughs and Theresa M. Burroughs.

In this action, we are called on to decide whether those who are debtors at the time the RTC assumes control of their bank, and who...

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