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SIMON v. F.D.I.C.

No. 93-2319.

48 F.3d 53 (1995)

Franklin W. SIMON, Webb Place Condominiums, Inc. and Greystone Condominiums, Inc., Plaintiffs, Appellants, v. FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of 1st American Bank for Savings, Defendant, Appellee.

United States Court of Appeals, First Circuit.

Decided February 23, 1995.

Attorney(s) appearing for the Case

Lee H. Kozol, with whom David A. Rich and Friedman & Atherton, were on brief for appellants.

J. Scott Watson, with whom Ann S. DuRoss and Richard J. Osterman, Jr., were on brief for appellee.

Before CYR, Circuit Judge, BOWNES, Senior Circuit Judge, and STAHL, Circuit Judge.

CYR, Circuit Judge.

Plaintiffs-appellants Franklin W. Simon ("Simon"), Webb Place Condominiums, Inc. ("Webb Place") and Greystone Condominiums, Inc. ("Greystone") initiated this action in Massachusetts state court against the Federal Deposit Insurance Corporation ("FDIC"), receiver of 1st American Bank for Savings ("Bank"), seeking declaratory and equitable relief relating to two real estate loan agreements between plaintiffs...

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