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NASHVILLE LODGING CO. v. RESOLUTION TRUST CORP.

No. 94-7020.

59 F.3d 236 (1995)

NASHVILLE LODGING CO., et al., Appellants v. RESOLUTION TRUST CORPORATION, et al., Appellees.

United States Court of Appeals, District of Columbia Circuit.

Decided July 18, 1995.

Rehearing and Suggestion for Rehearing Denied September 14, 1995.

Attorney(s) appearing for the Case

Gary A. Ahrens, argued the cause for appellants. With him on the briefs were Charles E. Raley and Timothy E. Heffernan.

P. Matthew Sutko, Counsel, Resolution Trust Corp., argued the cause for appellee RTC. With him on the brief were Bruce C. Taylor, Counsel, RTC; Barbara E. Nicastro, Robert E. Craddock and William E. Long.

Hunter T. Carter, argued the cause for appellees Southeast Real Estate Operating Co., L.P., et al. With him on the brief were Howard B. Possick and Jason S. Palmer.

Before BUCKLEY, WILLIAMS and SENTELLE, Circuit Judges.

Rehearing and Suggestion for Rehearing In Banc Denied September 14, 1995.

STEPHEN F. WILLIAMS, Circuit Judge:

A partnership borrowed money from a thrift to finance the construction of a hotel. Because the loan required the partnership to make a large balloon repayment of principal at the end of the loan's term, the partnership secured a second agreement with the thrift by which it would refinance the balloon payment at then-prevailing interest rates. The thrift...

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