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IN RE CARLEY CAPITAL GROUP

Bankruptcy No. MM11-89-00587, Adv. No. 89-0223-11.

118 B.R. 982 (1990)

In re CARLEY CAPITAL GROUP, Debtor. Thomas G. BEACH, Charles A. Carpenter, Charles R. Carpenter, Charles I. Trainer, Baker G. Clay, and Daniel J. McCarty, Plaintiffs, v. FIRST UNION NATIONAL BANK OF NORTH CAROLINA, Defendant.

United States Bankruptcy Court, W.D. Wisconsin.

May 25, 1990.

Attorney(s) appearing for the Case

Kenneth B. Axe, Lathrop & Clark, Madison, Wis., J. Michael Booe, Petree, Stockton & Robinson, Charlotte, N.C., for defendant.

Michael B. Van Sicklen, Foley & Lardner, Madison, Wis., Daniel W. Stolper, Stafford, Rosenbaum, Rieser & Hansen, Madison, Wis., for plaintiffs (except Daniel J. McCarty).

Anne W. Reed, Reinhart, Boerner, Van Deuren, Norris & Rieselbach, Milwaukee, Wis., for Daniel J. McCarty.

MEMORANDUM DECISION

ROBERT D. MARTIN, Chief Judge.

Plaintiffs, Thomas G. Beach, Charles A. Carpenter, Charles R. Carpenter, Charles I. Trainer, Baker G. Clay, and Daniel J. McCarty ("Plaintiffs"), have sued First Union National Bank of North Carolina ("First Union"), seeking release from obligations related to a letter of credit, money damages, subrogation rights, and recovery of litigation expenses. First Union has moved to dismiss Plaintiffs' amended complaint...

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