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FEDERAL DEPOSIT INS. CORP. v. URDECO

Civil No. 85-0359.

653 F.Supp. 144 (1986)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its corporate capacity, Plaintiff, v. URDECO a/k/a Urban Development Corporation; Coamo Developers Corporation; Robert S. Prann, Evelyn Prann and their conjugal partnership; and Jose Lopez Matos, Defendants.

United States District Court, D. Puerto Rico.

August 28, 1986.

Attorney(s) appearing for the Case

Gabriel Hernández Rivera, Feldstein, Gelpí Hernández & Gotay, Old San Juan, P.R., for plaintiff.

Jorge L. Rovira, Río Piedras, P.R., for Cruv.

Carlos J. Quilichini, Hato Rey, P.R., for Jose Lopez Matos.

Carlos A. Quilichini, San Juan, P.R., for Urdeco.

Eldia Díaz Olmo, Rodríguez Ramon, Pena & Díaz, Hato Rey, P.R., for R. Prann, Evelyn Prann and the conjugal partnership.

OPINION AND ORDER

PIERAS, District Judge.

The Court has before it various issues that were submitted for its decision pursuant to our Order of October 1, 1985. These issues are the following:

1. Whether plaintiff Federal Deposit Insurance Corporation (FDIC) is liable on the counterclaim of defendant alleging damages consisting of loss of earnings for breach of contract.

2. Whether the guarantors Robert S. Prann, Evelyn Prann and the conjugal...

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