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MARC DEVELOPMENT, INC. v. FDIC

No. 91-C-619A.

771 F.Supp. 1163 (1991)

MARC DEVELOPMENT, INC., an Illinois corporation, and Keith-Marc Properties, Ltd., and Illinois limited partnership, Plaintiffs, v. The FEDERAL DEPOSIT INSURANCE CORP., as Receiver for The Cosmopolitan National Bank of Chicago, Defendant.

United States District Court, D. Utah, C.D.

August 15, 1991.

Attorney(s) appearing for the Case

Rodney G. Snow, Neil A. Kaplan, Ted Boyer, Clyde, Pratt & Snow, Salt Lake City, Utah, for plaintiffs.

James W. Stewart, Jerome Romero, Jones, Waldo, Holbrook & McDonough, Salt Lake City, Utah, for defendant.

ORDER DENYING STAY

ALDON J. ANDERSON, Senior District Judge.

The above captioned case is now before the court on Defendant Federal Deposit Insurance Corporation's ("FDIC") motion for a stay of these proceedings. The court has received the briefs of the parties, the responses to the court's letter requesting further information, and the arguments of the parties at the hearing. Having reviewed these submissions and the relevant law, the court is prepared to...

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