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RESOURCE ASSET v. CONTINENTAL STOCK TRANSFER

No. 95 C 0373.

896 F.Supp. 782 (1995)

RESOURCE ASSET MANAGEMENT, INC., Plaintiff, v. CONTINENTAL STOCK TRANSFER & TRUST COMPANY, Defendant.

United States District Court, N.D. Illinois, Eastern Division.

August 18, 1995.

Attorney(s) appearing for the Case

Jeffrey H. Hornstein, Pia Norman, Rachel Ellen Lutner, Holleb & Coff, Chicago, IL, for plaintiff.

Andrew Dash, Berlack, Israels & Liberman, New York City, Arnold A. Pagniucci, James A. Rolfes, Sachnoff & Weaver, Ltd., Chicago, IL, for defendant.

MEMORANDUM OPINION AND ORDER

ALESIA, District Judge.

Plaintiff, Resource Asset Management, Inc. ("RAM"), filed an action in this court seeking a declaratory judgment against the defendant, Continental Stock Transfer & Trust Co. ("Continental"), that RAM has the contractual right to continue to service a portfolio of mortgages under an Indenture and Servicing Agreement ("Indenture") and to receive compensation for these services. Continental, along...

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