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ZIONS FIRST NAT. BANK v. UNITED HEALTH CLUBS

Civ. A. Nos. 80-2060, 80-3283.

505 F.Supp. 138 (1981)

ZIONS FIRST NATIONAL BANK, N. A. v. UNITED HEALTH CLUBS, INC., Chu Liquidating Corp., Financial Enterprises of America, Inc. UNITED HEALTH CLUBS, INC. v. ZIONS FIRST NATIONAL BANK, N. A., Chu Liquidating Corp.

United States District Court, E. D. Pennsylvania.

January 12, 1981.

Attorney(s) appearing for the Case

John L. Jenkins, Philadelphia, Pa., for plaintiff.

Robert W. Maris, Philadelphia, Pa., for defendants.

OPINION

LUONGO, District Judge.

These consolidated civil actions involve a dispute between Zions First National Bank and Financial Enterprises of America (FEA) and its wholly-owned subsidiary United Health Clubs, Inc., over a judgment note and leasehold mortgage held by Zions for a loan made to FEA by Zions. Zions seeks a judgment of foreclosure on the leasehold mortgage it holds on a property occupied by a health spa run by United. United seeks to defend...

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