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IN RE FRANKLIN SAV. CORP.

Bankruptcy No. 91-41518-11, Adv. No. 92-7053.

159 B.R. 9 (1993)

In re FRANKLIN SAVINGS CORPORATION, Debtor. FRANKLIN SAVINGS CORPORATION, Objecting Party and Counterclaim Plaintiff, v. FRANKLIN SAVINGS ASSOCIATION, Resolution Trust Corporation, Conservator, Counterclaim Defendants.

United States Bankruptcy Court, D. Kansas.

September 15, 1993.

Attorney(s) appearing for the Case

R. Pete Smith of McDowell, Rice & Smith, Kansas City, MO, for Franklin Sav. Corp.

Michael R. Roser and Timothy K. McNamara of Lathrop & Norquist, Kansas City, MO, for Franklin Sav. Ass'n and its Conservator, the Resolution Trust Corp.

MEMORANDUM OF DECISION

JOHN T. FLANNAGAN, Bankruptcy Judge.

The parties to this litigation are a corporate parent, Franklin Savings Corporation ("FSC"), and its subsidiary, Franklin Savings Association ("FSA"). The parent, FSC, is the debtor in bankruptcy. The subsidiary, FSA, is a stock savings and loan association chartered under the laws of the State of Kansas. FSA is represented in this proceeding by its FIRREA1 Conservator...

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