IN RE SOUTHERN INDUS. BANKING CORP.

Bankruptcy No. 3-83-00372, Adv. No. 3-85-0723.

67 B.R. 399 (1986)

In re SOUTHERN INDUSTRIAL BANKING CORPORATION, d/b/a Daveco, Debtor. Thomas E. DuVOISIN, Liquidating Trustee, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for the United American Bank in Knoxville, Federal Deposit Insurance Corporation as Receiver for the U.S. Bank of Clarksville, Federal Deposit Insurance Corporation as Receiver for C & C Bank of Knox County, Federal Deposit Insurance Corporation as Receiver for the C & C Bank of Monroe County, Federal Deposit Insurance Corporation as Receiver for the First Commerce Bank of Hawkins County, Federal Deposit Insurance Corporation as Receiver for the C & C Bank of Jefferson County, Federal Deposit Insurance Corporation as Receiver for the U.S. Bank of Nashville, Federal Deposit Insurance Corporation as Receiver for the United American Bank in Chattanooga, Federal Deposit Insurance Corporation as Receiver for the C & C Bank of Anderson County, Federal Deposit Insurance Corporation as Receiver for the C & C Bank of Washington County, James Steiner, and Jesse Barr, Defendants.

United States Bankruptcy Court, E.D. Tennessee.

November 25, 1986.


Attorney(s) appearing for the Case

Dearborn & Ewing, James R. Kelley, Nashville, Tenn., for plaintiff.

Morton, Lewis, King & Krieg, M. Edward Owens, Jr., Knoxville, Tenn., Vivian A. Comer, Sr. Atty., F.D.I.C., Washington, D.C., for F.D.I.C.


MEMORANDUM ON FEDERAL DEPOSIT INSURANCE CORPORATION'S MOTION TO DISMISS

RICHARD S. STAIR, Jr., Bankruptcy Judge.

Plaintiff Thomas E. DuVoisin is the liquidating trustee of a trust established under the modified plan of reorganization confirmed by this court in the Southern Industrial Banking Corporation (SIBC) case. The assets of the trust include approximately $26,000,000.00 in commercial loans, claims based on preferential transfers and fraudulent conveyances...

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