FEDERAL DEPOSIT INS. CORP. v. ALLEN

No. Civ. 1-83-422.

584 F.Supp. 386 (1984)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its separate corporate capacity, Plaintiff, v. Mike R. ALLEN, et al., Defendants.

United States District Court, E.D. Tennessee, S.D.

April 17, 1984.


Attorney(s) appearing for the Case

James R. Buckner and Douglas T. Johnson, Miller & Martin, Chattanooga, Tenn., for plaintiff.

Jess Campbell, Banks & Campbell, Knoxville, Tenn., for Valley Machinery Rental and Mike R. Allen.

Paul Jennings, Waddey & Newport, Nashville, Tenn., for Valley Machinery Corporation.

Richard P. Jahn, Sr., Tanner, Jahn, Atchley, Bridges & Jahn, Chattanooga, Tenn., and Frank B. Bird, Bird, Navratil & Bird, Maryville, Tenn., for Hal Y. Roe.


MEMORANDUM

MILBURN, District Judge.

This action came on for trial on April 11, 1984, without the intervention of a jury. When the case was called, it was announced to the Court that counsel for the corporate defendants had agreed that a consent judgment could be entered against defendants Valley Machinery Rental & Leasing, Inc., and Valley Machinery Corporation.

The trial continued on April 12, 1984, and at the end of all proof the Court heard...

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