IN RE BAY DEVELOPMENT CORP. OF DESTIN, INC.

Bankruptcy No. 88-08344, Adv. No. 88-0555.

102 B.R. 836 (1989)

In re BAY DEVELOPMENT CORPORATION OF DESTIN, INC., Debtor. FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF SYLACAUGA, Plaintiff, v. James L. "Skip" DEUPREE and Charles A. Deupree, Defendants/Third-party Plaintiffs, v. BAY DEVELOPMENT CORPORATION OF DESTIN, INC., Third-party Defendant.

United States Bankruptcy Court, N.D. Alabama.

March 2, 1989.


Attorney(s) appearing for the Case

Larry R. Newman, Birmingham, Ala., and Frank LaBudde, Anniston, Ala., for plaintiff.

Cleophus Thomas, Anniston, Ala., for James L. "Skip" Deupree, Jr. and Charles A. Deupree, defendants.

Thomas J. Knight, Anniston, Ala., for Bay Development Corp. of Destin, Inc., third-party defendant.


FINDINGS OF FACT AND CONCLUSIONS OF LAW

L. CHANDLER WATSON, Jr., Bankruptcy Judge.

The above-styled adversary proceeding came before the Court on October 11, 1988, at Anniston, Alabama, on the motion of the plaintiff, First Federal Savings & Loan Association of Sylacauga (First Federal), for summary judgment, and upon consideration of the motion and statements by the respective parties the Court took the matter...

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