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FEDERAL DEPOSIT INS. CORP. v. MARTINEZ ALMODOVAR

Civ. Nos. 80-1551(PG), 81-1322(PG).

671 F.Supp. 851 (1987)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its corporate capacity, Plaintiff v. Luis MARTINEZ ALMODOVAR, et al, Defendants

United States District Court, D. Puerto Rico.

August 24, 1987.

Attorney(s) appearing for the Case

Stanley Feldstein, San Juan, P.R. Frank L. Skillern, Jr., Gen. Counsel, FDIC, Washington, D.C., for plaintiff.

Roberto J. Matos, Hato Rey, P.R., for defendants.

OPINION AND ORDER

PEREZ-GIMENEZ, Chief Judge.

The present action was brought by the Federal Deposit Insurance Corporation in its corporate capacity ("FDIC") seeking to collect certain assets acquired from the receiver of a closed bank. This opinion and order comes at the tail end of an actively litigated dispute that culminated in a seven-day trial.1

The consolidated actions now pending before the Court commenced on July...

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