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MATTER OF ATKEISON

No. 74-471-NA-CV.

446 F.Supp. 844 (1977)

In the Matter of Henry C. ATKEISON, Jr., d/b/a Ambassador Church Finance/Development Group, Inc. and d/b/a Atalbe Christian Credit Association, Inc. SECURITIES AND EXCHANGE COMMISSION v. AMBASSADOR CHURCH FINANCE/DEVELOPMENT GROUP, INC. and Henry C. Atkeison, Jr. Claim of Geraldine BURNS.

United States District Court, M. D. Tennessee, Nashville Division.

December 1, 1977.

Attorney(s) appearing for the Case

E. Warner Bass, Bass, Berry & Sims, Nashville, Tenn., for Fred D. Bryan, Trustee.

Theodore H. Focht, Gen. Counsel, Wilfred R. Caron, Associate Gen. Counsel, Michael E. Don, Sr., and Martin F. McMahon, Attys., Washington, D. C., for Securities Investor Protection Corp.

Robert L. Trentham, Nashville, Tenn., for claimant Geraldine Burns.

MEMORANDUM

MORTON, Chief Judge.

This claim arose in a lengthy and complex liquidation proceeding under the Securities Investor Protection Act of 1970, 15 U.S.C. §§ 78aaa-lll [hereinafter "the Act"]. Sections 78eee(b) and 78fff of the Act provide for such proceedings for the liquidation of insolvent securities broker-dealers in lieu of, but essentially the same as, proceedings under Chapter X of the Bankruptcy Act, 11 U.S.C. §§...

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