IN RE LEEDY MORTG. CO., INC.

Bankruptcy No. 83-03502K, Misc. No. 85-0696.

62 B.R. 303 (1986)

In re LEEDY MORTGAGE COMPANY, INC. Debtor. John P. JUDGE, Trustee v. RIDLEY & SCHWEIGERT, an Alabama general partnership; Edwin R. Ridley, an individual; Paul C. Schweigert, Jr., an individual; Jamison, Money, Farmer & Company, an Alabama general partnership; William D. Jamison, an individual; Hugh W. Farmer, Jr., an individual; Davis S. Burton, Jr., an individual; Charles F. Horton, an individual; Ernest E. Miles, an individual; Harold E. Phillips, an individual; Frank A. Shumate, an individual; George H. Jones, III, an individual; T. Jerry Humber, an individual; B. Jean Hunt, an individual, and Richard E. Kirkpatrick, an individual, jointly and severally.

United States District Court, E.D. Pennsylvania.

June 3, 1986.


Attorney(s) appearing for the Case

David S. Fishbone, Keith H. Leonard, Philadelphia, Pa., for plaintiff.

Joseph A. Dworetzky, Philadelphia, Pa., for Ridley & Schweigert, Edwin R. Ridley and Paul C. Schweigert, Jr.

David B. Adams, Philadelphia, Pa., for Jamison, Money, Farmer & Co., et al.


BECHTLE, District Judge.

On April 11, 1986, this court granted defendants' motions for withdrawal of reference and transfer of adversary proceeding to the United States District Court for the Northern District of Alabama. On this occasion, the court takes the opportunity to set forth its reasons for its April 11, 1986 Order.

FACTS

Between 1887 and October, 1979, Leedy Mortgage Company ("Leedy") was headquartered...

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