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FIRSTAR METROPOLITAN BANK & TRUST v. F.D.I.C.

No. CIV-95-1297-PHX-ROS.

964 F.Supp. 1353 (1997)

FIRSTAR METROPOLITAN BANK & TRUST f/k/a Metropolitan Bank, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant.

United States District Court, D. Arizona.

March 20, 1997.

Attorney(s) appearing for the Case

Robert Clifford Hackett, Nathaniel Bishop Rose, Mohr Hackett Pederson Blakley, Phoenix, AZ, for Firstar Metropolitan Bank & Trust.

Antonio Dominguez, Dominguez & Associates PC, Phoenix, AZ, for F.D.I.C.

ORDER

SILVER, District Judge.

BACKGROUND

On May 3, 1995, Plaintiff Firstar Metropolitan Bank and Trust commenced this action in the Superior Court of the state of Arizona in and for Maricopa County alleging breach of contract and breach of the covenant of good faith and fair dealing. Plaintiff alleges that Defendant FDIC breached its obligations under a loan participation agreement1

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