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IN RE LINEN WAREHOUSE, INC.

Bankruptcy No. 87-52064, Adv. No. 88-5170.

100 B.R. 856 (1989)

In re LINEN WAREHOUSE, INC., Debtor. Randolph N. OSHEROW, Trustee, Plaintiff, v. FIRST REPUBLICBANK SAN ANTONIO, N.A., Northern Hills Banking Center, Defendant.

United States Bankruptcy Court, W.D. Texas, San Antonio Division.

June 9, 1989.

Attorney(s) appearing for the Case

Helen Gottlieb Schwartz, San Antonio, Tex., for plaintiff, Randolph N. Osherow, trustee.

Peter Gazda, San Antonio, Tex., for defendant, First RepublicBank San Antonio, N.A. Northern Hills Banking Center.

Keith Baker, San Antonio, Tex., for defendant, Federal Deposit Ins. Corp.

OPINION

RONALD B. KING, Bankruptcy Judge.

The narrow and dispositive issue presented for decision in this adversary proceeding is whether the Federal Deposit Insurance Corporation, as receiver (the "FDIC"),1 is shielded from liability for an alleged fraudulent transfer as a good faith transferee for value under section 550 of the Bankruptcy Code.2 Under the facts in this case, it is the opinion of...

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