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MT. VERNON SAV. AND LOAN v. PARTRIDGE ASSOCIATES

Civ. No. JFM-83-176.

679 F.Supp. 522 (1987)

MOUNT VERNON SAVINGS AND LOAN ASSOCIATION, et al. v. PARTRIDGE ASSOCIATES, et al.

United States District Court, D. Maryland.

December 22, 1987.

Attorney(s) appearing for the Case

Steven K. White, Squire, Sanders & Dempsey, Washington, D.C., for plaintiffs.

Christopher Sanger, Tucker, Flyer, Sanger & Lewis, Washington, D.C., Michael Schatzow, Melnicove, Kaufman, Weiner, Smouse & Garbis, Baltimore, Md., for defendants.

MEMORANDUM

MOTZ, District Judge.

Plaintiff in this action is the Federal Savings and Loan Insurance Corporation ("FSLIC"), the receiver for the original plaintiff, Mount Vernon Savings and Loan Association, which has been declared insolvent. Defendants are Partridge Associates, a limited partnership, and American Housing, Inc. and MIW Investors of Washington ("MIW"), its general partner and one of its limited partners.1 FSLIC...

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