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R.T.C. v. W.W. DEVELOPMENT & MANAGEMENT

Nos. 95-1227, 95-1228.

73 F.3d 1298 (1996)

RESOLUTION TRUST CORPORATION in its Capacity as Conservator for Bell Federal Savings Bank v. W.W. DEVELOPMENT & MANAGEMENT, INC. W.W. Development and Management Company, Appellant. W.W. DEVELOPMENT & MANAGEMENT, INC. v. The RESOLUTION TRUST CORPORATION, in its Capacity as Receiver for Bell Savings Bank, PaSA. W.W. Development and Management Company, Appellant.

United States Court of Appeals, Third Circuit.

Decided January 16, 1996.

Sur Petition for Rehearing March 14, 1996.

Attorney(s) appearing for the Case

Edward H. Rubenstone, William Goldstein (argued), Elliot Alan Kolodny, Groen, Laveson, Goldberg and Rubenstone, Bensalem, PA, for Appellant.

Michael R. Lastowski (argued), Saul, Ewing, Remick & Saul, Philadelphia, PA, Sophia Ranalli, Resolution Trust Corporation, Valley Forge, PA, Douglas Konselman, Washington, DC, for Appellees.

Before: GREENBERG and McKEE, Circuit Judges, and ACKERMAN, District Judge

OPINION OF THE COURT

GREENBERG, Circuit Judge.

This case requires us to consider the application of the jurisdictional bar in the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ("FIRREA") to the judicial adjudication of claims when the claimant has not complied with FIRREA's claims procedures.1 Bell Savings Bank, PaSA ("Bell") confessed judgment in a Pennsylvania state court against W.W. Development and...

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