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IN RE FIRSTCORP, INC.

Bankruptcy No. 90-04107-ATS, Adv. No. S-90-00279-AP.

122 B.R. 484 (1990)

In re FIRSTCORP, INC., Debtor. FIRSTCORP, INC., Plaintiff, v. OFFICE OF THRIFT SUPERVISION, Defendant.

United States Bankruptcy Court, E.D. North Carolina.

December 18, 1990.

Attorney(s) appearing for the Case

Lacy H. Reaves, Raleigh, N.C. and David G. Epstein, King & Spalding, Atlanta, Ga., for Firstcorp, Inc.

Harvey A. Levin, Office of Thrift Supervision, Washington, D.C., for OTS.

William B. Sullivan, Winston-Salem, N.C., Attorney for Wachovia Bank Trust Bondholders.

Rudolph A. Renfer, Jr., Raleigh, N.C., Asst. U.S. Atty.

MEMORANDUM OPINION AND ORDER

A. THOMAS SMALL, Bankruptcy Judge.

The two matters before the court are the "Motion with Respect to Restraining OTS Action" filed by the chapter 11 debtor, Firstcorp, Inc., on December 7, 1990, and the debtor's "Application for Temporary Restraining Order" filed on December 11, 1990, initiating an adversary proceeding against The Office of Thrift Supervision. A hearing was held in Raleigh, North Carolina, on December 14, 1990...

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