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WEST PARK ASSOCIATES v. BUTTERFIELD SAV. & LOAN

Civ. Nos. 85-2011-AS, 85-2012-AS and 86-296-AS.

814 F.Supp. 925 (1993)

WEST PARK ASSOCIATES, a California limited partnership, et al., Plaintiffs, v. BUTTERFIELD SAVINGS & LOAN ASSOCIATION, a California savings and loan association, et al., Defendants. PACIFIC FRONTIER WOOD MARKETS, INC., an Oregon corporation, et al., Plaintiffs, v. BUTTERFIELD SAVINGS & LOAN ASSOCIATION, a California savings and loan association, et al., Defendants. WILDISH LAND COMPANY, an Oregon corporation, Plaintiff, v. BUTTERFIELD SAVINGS & LOAN ASSOCIATION, a California savings and loan association, et al., Defendants.

United States District Court, D. Oregon.

January 29, 1993.

Attorney(s) appearing for the Case

Frederick T. Smith, J. Bradford Shiley, John P. Crowell, Portland, OR, for plaintiffs.

Daniel H. Skerritt, Steven K. Blackhurst, Ater, Wynne, Hewitt, Dodson & Skerritt, Portland, OR, Robert P. Mallory, Peter J. Diedrich, Judith L. Anderson, Pettit & Martin, Los Angeles, CA, Jordan Luke, Manuel A. Palau, Federal Home Loan Bank Bd., Washington, DC, for defendant F.D.I.C. (FDIC) (formerly Federal Sav. and Loan Ins. Corp. (FSLIC), Receiver for, defendants Butterfield Sav. & Loan Ass'n, and for Butterfield Development Corp., Butterfield Venture Corp., Butterfield Capital Corp., Butterfield Federal Sav. and Loan Ass'n, and Butterfield Property Management Corp.

Frank H. Lagesen, Lawrence P. Blunck, Cosgrave, Vergeer & Kester, Portland, OR, for defendants Schwabe, Williamson, Wyatt, Moore & Roberts.

Arden E. Shenker, Elizabeth A. Trainor, Tooze, Shenker, Holloway & Duden, Portland, OR, for defendants Pike, Urland & Morello and Robert L. Pike.

AMENDED OPINION

FRYE, District Judge:

The matters before the court are the objections of the parties to the Findings and Recommendations filed by the Honorable William M. Dale, United States Magistrate Judge, on May 28, 1992 and September 17, 1992.

BACKGROUND

On June 17, 1991, plaintiffs moved the court for an order of partial summary judgment (#295) against the Federal Deposit Insurance Corporation...

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