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FEDERAL SAV. AND LOAN INS. CORP. v. SAJOVICH

No. CV 86-0209 WDK (JRX).

642 F.Supp. 74 (1986)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, as Conservator for Manhattan Beach Savings and Loan Association, Plaintiff, v. Peter SAJOVICH, Robert D. Harbour, Stanley D. Shechtman, Roderick Sherriffs, Steven G. Garcia, Eugene A. Brunkhardt, Robert K. Ostengaard, Mountain West Group, a California corporation, Deseret Pacific Mortgage, a California corporation, Defendants.

United States District Court, C.D. California.

February 20, 1986.

Attorney(s) appearing for the Case

J. Eric Isken, Graham & James, Los Angeles, Cal., for plaintiff.

Edward Medvene, Mitchell, Silberberg & Knupp, Los Angeles, Cal., for defendants.

ORDER RE MOTION TO DISMISS

KELLER, District Judge.

The Federal Savings and Loan Insurance Corporation (hereafter "FSLIC") was appointed sole conservator of the property and assets of Manhattan Beach Savings and Loan Association (hereafter "Manhattan Beach") by the Federal Home Loan Bank Board on January 9, 1986. FSLIC, in its capacity as conservator, brought this action in federal court against the directors of Manhattan Beach, as well as two independent...

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