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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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