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IN RE DOWNEY CREATIONS, LLC

Bankruptcy No. 08-09691-JKC-11. Adversary No. 08-50533.

414 B.R. 463 (2009)

In re DOWNEY CREATIONS, LLC, Debtor. French Design Jewelry, Inc., Disons Gems, Inc., Wear The Passion, Inc., J.I.I.C., Inc., d/b/a South American Imports, Levine Design, Inc., Indigo Jewelry, Inc., Chatham Created Gems, Inc., and Classic Colors, Inc., Plaintiffs, v. Downey Creations, LLC., and Regions Bank, N.A., Defendants.

United States Bankruptcy Court, S.D. Indiana, Indianapolis Division.

August 20, 2009.

Attorney(s) appearing for the Case

Niccole R. Sadowski, William J. Tucker, Tucker Hester, LLC, Indianapolis, IN, for Plaintiffs.

Andrew T Kight, Paul T. Deignan, Taft, Stettinius & Hollister LLP, David E. Kress, Jon B. Abels, Dann Pecar Newman & Kleiman, for Defendants.

FINDINGS OF FACT AND CONCLUSIONS OF LAW ON DOWNEY CREATIONS, LLC'S MOTION FOR PARTIAL SUMMARY JUDGMENT

JAMES K. COACHYS, Bankruptcy Judge.

This matter comes before the Court on Defendant Downey Creations, LLC's ("Downey") Motion for Partial Summary Judgment (the "Motion") against Plaintiffs French Design Jewelry, Inc., Disons Gems, Inc., Wear the Passion, Inc., J.I.I.C., Inc. d/b/a South American Imports, Levine Design, Inc., Indigo Jewelry, Inc....

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