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IN RE EDGEWATER MOTEL, INC.

Bankruptcy No. 3-86-00599, Adv. No. 3-87-0081.

121 B.R. 962 (1988)

In re EDGEWATER MOTEL, INC., Debtor. BLAINE-HAYS CONSTRUCTION CO., Plaintiff, v. UNION PLANTERS NATIONAL BANK and Edgewater Motel, Inc., Defendants.

United States Bankruptcy Court, E.D. Tennessee.

March 23, 1988.

Attorney(s) appearing for the Case

Doris C. Allen, Knoxville, Tenn., for Edgewater Motel, Inc.

John A. Lucas, Knoxville, Tenn., for Blaine-Hays Const. Co.

John A. Walker Jr., Knoxville, Tenn., for Union Planters Nat. Bank.

MEMORANDUM

JOHN C. COOK, Bankruptcy Judge.

This case involves an action by a contractor against the bankrupt owner of a construction project and its principal lender. Contending that it was not paid its last draw request on the construction project, the contractor seeks compensatory and punitive damages, an equitable lien, and equitable subordination against the principal lender based upon a number of legal theories. The parties previously consented to the...

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