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KEROUAC v. F.D.I.C.

Civ. No. 91-542-M.

825 F.Supp. 438 (1993)

Paul E. KEROUAC, et al. v. FEDERAL DEPOSIT INSURANCE CORP. as Liquidating Agent and Receiver of Numerica Savings Bank, FSB.

United States District Court, D. New Hampshire.

June 30, 1993.

Attorney(s) appearing for the Case

Deborah Ann Burke, Nashua, NH, for plaintiffs.

Mark F. Weaver, Portsmouth, NH, for defendant.

ORDER

McAULIFFE, District Judge.

This case arises out of a lending relationship between plaintiffs, Paul and Karen Kerouac, and Numerica Savings Bank, FSB ("Numerica"), dating back to 1981. Sometime after February, 1989, plaintiffs apparently defaulted on loans extended by Numerica. On October 10, 1991, Numerica was declared insolvent and the Federal Deposit Insurance Corporation ("FDIC") was appointed as receiver. On that same day, plaintiffs filed a writ...

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