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IN RE TAYLOR-RAMSEY CORP.

Bankruptcy No. 09-10017. Adversary No. 10-2044.

458 B.R. 270 (2011)

In re TAYLOR-RAMSEY CORPORATION, et al., Debtor. Official Committee of Unsecured Creditors of Taylor-Ramsey Corporation, Plaintiff, v. George P. Ramsey, Jr., Defendant.

United States Bankruptcy Court, M.D. North Carolina, Greensboro Division.

October 6, 2011.

Attorney(s) appearing for the Case

Jennifer Barker Lyday, Womble, Carlyle, Sandridge, & Rice, PLLC, Julie B. Pape, William B. Sullivan, Winston-Salem, NC, for Plaintiff.

Sarah F. Sparrow, Greensboro, NC, for Defendant.

MEMORANDUM OPINION

CATHARINE R. ARON, Bankruptcy Judge.

This matter came on for hearing on September 12, 2011, in Greensboro, North Carolina on cross-motions for partial summary judgment in the above-referenced adversary proceeding. Julie Pape appeared on behalf of the Plaintiff, and Sarah Sparrow appeared on behalf of the Defendant.

FACTS

The facts relevant to this motion are not in dispute. Since September 22, 2003, George P. Ramsey,...

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