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IN RE U.S. MORTG. CORP.

Bankruptcy No. 09-14301 (RG). Adversary Nos. 11-1212 (RG), 11-1218(RG).

492 B.R. 784 (2013)

In re U.S. MORTGAGE CORP. & CU National Mortgage, Inc., Debtors. Edward Bond, Liquidating Trustee, Plaintiff, v. Vining Sparks, Defendant. Edward Bond, Liquidating Trustee, Plaintiff, v. Newbridge Securities Corp., Defendant.

United States Bankruptcy Court, D. New Jersey.

April 23, 2013.

Attorney(s) appearing for the Case

Forman Holt Eliades Ravin & Youngman LLC, By: Erin J. Kennedy, Esq., Brigette G. McGrath, Esq., Paramus, NJ, for Edward Bond, Liquidating Trustee.

Ravin Greenberg LLC, By: Brian L. Baker, Esq., Chad B. Friedman, Esq., Roseland, NJ, for Defendant Vining Sparks IBG, L.P.

Baker Donelson Bearman Caldwell & Berkowitz, PC, By: E. Franklin Childress, Jr., Esq., Bradley L. Ottinger, Esq., Memphis, TN, for Defendant Vining Sparks IBG, L.P.

Todtman Nachamie Spizz & Johns, PC, By: Alex Spizz, Esq., Jill L. Makower, Esq., New York, NY, for Defendant Newbridge Securities Corp.

Riker, Danzig, Scherer, Hyland & Perretti, LLP, By: Mark E. Hall, Esq., Morristown, NJ, for J.P. Turner & Co. LLC.

Newbridge Securities, Inc., By: Arnold Levine, Esq., Ft. Lauderdale, FL.

OPINION

ROSEMARY GAMBARDELLA, Bankruptcy Judge.

MATTER BEFORE THE COURT

The matters before the Court are the Motions of Defendants Vining Sparks IBG, L.P. ("Vining Sparks") and Newbridge Securities Corp. ("Newbridge"), each of whom have filed a Motion to Dismiss separate Adversary Complaints of Edward P. Bond, Liquidating Trustee ("Trustee") for Debtors U.S. Mortgage Corp. ("U.S.Mortgage") and CU National Mortgage ("CU" and collectively...

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