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FEDERAL DEPOSIT INS. CORP. v. CABASSA

Civ. No. 80-1405.

539 F.Supp. 1 (1980)

FEDERAL DEPOSIT INSURANCE CORP., Plaintiff, v. Roberto E. CABASSA and Carmen Sauri De Cabassa, Defendants.

United States District Court, D. Puerto Rico.

November 10, 1980.

Attorney(s) appearing for the Case

Feldstein, Gelpi, Hernández & Castillo, San Juan, P. R., for plaintiff.

Frank L. Skillern, Jr., Gen. Counsel, Myers N. Fisher, Asst. Gen. Counsel, Michael B. Burgee, Senior Counsel, Wayne D. Baller, Atty., Federal Deposit Ins. Corp., Washington, D. C., Cancio, Nadal & Rivera, San Juan, P. R., for defendants.

OPINION AND ORDER

PEREZ-GIMENEZ, District Judge.

This matter is before the Court for disposition of defendants' motion to stay proceedings. A brief statement of the case will help in defining the question presented.

The action is brought by the Federal Deposit Insurance Corporation (FDIC) to recover the principal and accrued interest of fourteen promissory notes executed by the defendants, husband and wife.1 Prior to...

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