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MATTER OF CTS TRUSS, INC.

No. 88-1036.

859 F.2d 357 (1988)

In the Matter of CTS TRUSS, INC., Debtor. Kenneth D. HOLT, Trustee for the Bankruptcy Estate of CTS Truss, Inc., Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Appellee.

United States Court of Appeals, Fifth Circuit.

November 4, 1988.

Attorney(s) appearing for the Case

Robert R. Truitt, Jr., Midland, Tex., for appellant.

Christine M. Anderson, F.D.I.C., Midland, Tex., for appellee.

Before REAVLEY, JOHNSON and JONES, Circuit Judges.

EDITH H. JONES, Circuit Judge:

CTS Truss, Inc. (CTS), represented by its bankruptcy trustee, appeals a decision of the district court which denied its request for equitable subordination of a claim of the Federal Deposit Insurance Corporation (FDIC) under 11 U.S.C. § 510(c). Because the district court correctly affirmed the decision of the bankruptcy court to deny equitable subordination, we affirm its judgment.

BACKGROUND

CTS sought relief...

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