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FEDERAL SAV. AND LOAN INS. CORP. v. QUALITY INNS

Civ. No. Y-86-1866.

674 F.Supp. 522 (1987)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, as Receiver for San Marino Savings and Loan Association v. QUALITY INNS, INC., et al.

United States District Court, D. Maryland.

November 30, 1987.

Attorney(s) appearing for the Case

Daniel M. Litt, Washington, D.C., for plaintiff.

David F. Albright, Harry M. Rifkin, and Terri L. Reicher, Baltimore, Md., for defendant.

MEMORANDUM

JOSEPH H. YOUNG, District Judge.

Federal Savings and Loan Insurance Corporation ("FSLIC"), in its capacity as federally-appointed receiver for San Marino Savings and Loan Association, filed suit against Quality Inns, Inc., Quality Hotels and Resorts, Inc., and Quality Inns International, Inc. Plaintiff asserts claims for breach of fiduciary duty to San Marino, conversion of San Marino's funds, and breach of an escrow agreement to which San Marino...

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