Case Name: Conrad R. WAGNER and Ambassador World Enterprise, Inc., Appellants, v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, etc., Dean Vegosen, etc., et al., Appellees
Court: Florida District Court of Appeal
Jurisdiction: Florida
Decision Date: 1989-05-31
Citations: 543 So. 2d 468
Docket Number: Nos. 88-0261, 88-1026
Parties: Conrad R. WAGNER and Ambassador World Enterprise, Inc., Appellants, v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, etc., Dean Vegosen, etc., et al., Appellees.
Judges: DOWNEY, WALDEN and STONE, JJ., concur.
Reporter: Southern Reporter, Second Series
Volume: 543
Pages: 468–469

Head Matter:
Conrad R. WAGNER and Ambassador World Enterprise, Inc., Appellants, v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, etc., Dean Vegosen, etc., et al., Appellees.
Nos. 88-0261, 88-1026.
District Court of Appeal of Florida, Fourth District.
May 31, 1989.
David T. Price of Price and Byrne, Fort Lauderdale, for appellants.
Harold G. Melville of Neill, Griffin, Jef-fries & Lloyd, Fort Pierce, for appellees.

Opinion:
PER CURIAM.
These consolidated appeals are from orders granting appellee's motion for summary judgment and granting appellee's motion to strike appellants' counterclaim and affirmative defenses. Said orders were based upon the reasoning set forth in North Mississippi Savings & Loan Ass'n v. Hudspeth, 756 F.2d 1096 (5th Cir.1985), and subsequent cases.
Subsequent to the filing of these appeals the United States Supreme Court decided the case of Coit Independence Joint Venture v. F.S.L.I.C., — U.S.-, 109 S.Ct. 1361, 103 L.Ed.2d 602 (1989), in which it rejected the Hudspeth doctrine. The ap-pellee has now conceded error and consents to a reversal of said orders.
Accordingly, the orders appealed from herein are reversed and the causes are remanded to the trial court for further appropriate proceedings.
DOWNEY, WALDEN and STONE, JJ., concur.