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IN RE LANDBANK EQUITY CORP.

Bankruptcy No. 85-01541-N, Civ. A. No. 87-167-N.

77 B.R. 44 (1987)

In re LANDBANK EQUITY CORPORATION, Debtor. Laurence H. LEVY, Trustee, Appellee, v. BUTLER, PAYNE AND GRIFFIN, Frank E. Butler, III, Woodruff H. Griffin, and Richard E. Payne, Appellants.

United States District Court, E.D. Virginia, Norfolk Division.

August 4, 1987.

Attorney(s) appearing for the Case

David H. Adams, Clark & Stant, Virginia Beach, Va., Frank J. Santoro, Portsmouth, Va., for appellee.

Tom C. Smith, Virginia Beach, Va., Charles M. Lollar, Michelle Rack, Heilig, McKenry, Fraim and Lollar, Norfolk, Va., Vann H. Lefcoe, Livesay & Lefcoe, Ltd., Portsmouth, Va., for appellants.

ORDER

CLARKE, District Judge.

This matter comes before the Court on appeal from the interlocutory Order of the United States Bankruptcy Court entered February 23, 1987. By Order dated May 5, 1987, this Court granted leave to appeal the interlocutory Order pursuant to 28 U.S.C. § 1334(b) and permitted Woodruff H. Griffin to intervene in the appeal. The parties have submitted briefs; therefore, this matter is ready for decision.

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