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MATTER OF BANKERS TRUST CO.

No. 77-1302.

566 F.2d 1281 (1978)

In the Matter of BANKERS TRUST COMPANY, Bankrupt. BANKERS TRUST SAVINGS & LOAN ASSOCIATION, Appellant, v. Jack A. TRAVIS, Appellee.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied March 3, 1978.

Attorney(s) appearing for the Case

John M. Grower, William L. Smith, Jackson, Miss., for appellant.

John A. Travis, Jr., Vardaman S. Dunn, Jackson, Miss., for appellee.

Before AINSWORTH, SIMPSON and MORGAN, Circuit Judges.

AINSWORTH, Circuit Judge:

In 1976 more than forty savings and loan associations in Mississippi, including Bankers Trust Savings & Loan Association, became insolvent, thus resulting in a crisis for thousands of depositors. At the same time, Bankers Trust Savings & Loan Association's holding company, Bankers Trust Company, likewise experienced severe financial difficulties. Complicated litigation followed which involved...

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