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REXAM LTD. v. RESOLUTION TRUST CORP.

Civ. No. 90-2087 (JP).

754 F.Supp. 245 (1990)

REXAM LIMITED PARTNERSHIP, S.E. and Rexam Corporation, Plaintiffs, v. RESOLUTION TRUST CORP., as Receiver for Caguas Central Federal Savings Bank, Defendant.

United States District Court, D. Puerto Rico.

November 21, 1990.

Attorney(s) appearing for the Case

Russell A. Del Toro, Romero Barceló, Del Toro & Santana, Hato Rey, P.R., for plaintiffs.

Gustavo A. Gelpí, Feldstein, Gelpí, Hernández & Gotay, San Juan, P.R., for defendant.

ORDER

PIERAS, District Judge.

The Court has before it Defendant's Motion to Compel Exhaustion of Administrative Remedies Prior to Continuation of Proceedings. At issue is whether the opportunity to arbitrate which is provided by the Financial Institution Reform, Recovery and Enforcement Act of 1989 (FIRREA) is mandatory or optional. Because the "various provisions in FIRREA are difficult to reconcile" Tuxedo Beach Club Corp. v. City Federal Sav. Bank...

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