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S/N-1 REO LTD. LIABILITY CO. v. CITY OF FALL RIVER

No. CIV. A. 98-10266-PBS.

81 F.Supp.2d 142 (1999)

S/N-1 REO LIMITED LIABILITY COMPANY, Plaintiff, v. CITY OF FALL RIVER, Defendant.

United States District Court, D. Massachusetts.

December 15, 1999.

Attorney(s) appearing for the Case

John R. Walkey, Elizabeth K. Ames, Choate, Hall & Stewart, Boston, MA, Edward S. Weil, Schwartz, Cooper, Greenberger & Krauss, Chicago, IL, for Plaintiff.

Thomas F. McGuire, Jr., Corporation Counsel, Fall River, MA, for Defendant.

MEMORANDUM AND ORDER

SARIS, District Judge.

INTRODUCTION

This is a declaratory judgment action brought by S/N-1 Reo Limited Liability Co. ("S/N-1") challenging the efforts of the City of Fall River to collect real estate taxes on a piece of commercial real estate.1 S/N-1, which is fifty-one percent owned by the Federal Deposit Insurance Corporation ("FDIC"), derived its interest in the property from a mortgage...

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