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IN RE KRAZ, LLC

Case No. 8:15-bk-07039-MGW, Adv. No. 8:15-ap-00655-MGW.

570 B.R. 389 (2017)

IN RE: KRAZ, LLC, Debtor. Kraz, LLC, Plaintiff, v. Branch Banking & Trust Company, Defendant.

United States Bankruptcy Court, M.D. Florida, Tampa Division.

Signed April 18, 2017.

Attorney(s) appearing for the Case

Stephen R. Leslie, Esq., Mark F. Robens, Esq., Stichter Riedel Blain & Postler, P.A., Edward William Collins, Esq., The Law Office of William Collins, P.A., Counsel for the Debtor.

Arthur H. Rice, Esq., Craig A. Pugateh, Esq., Rice Pugateh Robinson & Schiller, P.A., Counsel for Branch Banking & Trust Company.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

A shared loss agreement is a classic win-win. Under the typical shared loss agreement, the FDIC absorbs 80% of the losses on a failed bank's assets that are acquired by another bank. By absorbing a significant portion...

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