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BOOKOUT v. FIRST NATIONAL MTG. & DISC. CO., INC.

No. 74-3769 Summary Calendar.

514 F.2d 757 (1975)

John G. BOOKOUT, as receiver for Modern Home Life Insurance Co., Plaintiff-Appellee, v. FIRST NATIONAL MORTGAGE AND DISCOUNT COMPANY, INC., and Atlas Financial Corporation, et al., Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

May 1, 1975.

Attorney(s) appearing for the Case

Warren A. Rosser, Chamblee, Ga., for Atlas.

J. Roger Thompson, H. A. Stephens, Jr., Atlanta, Ga., for First Nat'l Mortgage & Discount.

Warren W. Wills, Jr., Atlanta, Ga., Charles M. Crook, Montgomery, Ala., for plaintiff-appellee.

Before THORNBERRY, MORGAN and RONEY, Circuit Judges.

PER CURIAM:

Following discovery and a conference with the parties, the district court found substantial reason to suspect that the Atlas defendants had caused certain collateral to be fraudulently conveyed by, through, and to affiliated corporate defendants, to the probable detriment of a secured party which is the plaintiff in Modern Home Life Ins. Co. v. Atlas Financial Corp., et al., Civ. No. C74-302A, now pending before the district court. The court thereupon...

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