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  5. 771 F.Supp. 1144 (1991)
 

FOUR CIRCLE CO-OP v. KANSAS STATE BANK & TRUST CO.

Nos. 89-1314-C to 89-1316-C.

771 F.Supp. 1144 (1991)

FOUR CIRCLE CO-OP, et al., Plaintiffs, v. KANSAS STATE BANK & TRUST CO., Defendant and Third-Party Plaintiff, v. Christopher J. REDMOND, Trustee of the Bankruptcy Estate of Fleming Grain Co., Inc., Third-Party Defendant. AD-REM TRANSPORTATION, INC. et al., Plaintiffs, v. KANSAS STATE BANK & TRUST CO., Defendant and Third-Party Plaintiff, v. Christopher J. REDMOND, Trustee of the Bankruptcy Estate of Fleming Grain Co., Inc., Third-Party Defendant.

United States District Court, D. Kansas.

As Corrected July 23, 1991.

Attorney(s) appearing for the Case

Michael Lehman, Goering & Lehman, Wichita, Kan., for Collingwood Grain.

Michael L. Koon, Shook, Hardy & Bacon, Kansas City, Mo., for Four Circle Co-op.

Stephen B. Rhudy, Rhudy & Bradford, Lawrence, Kan., for Ad-Rem Transp., Inc.

Thomas D. Kitch, Thomas J. Lasater, Fleeson, Gooing, Coulson & Kitch, Wichita, Kan., for Kansas State Bank.

Christopher J. Redmond, Trustee, Redmond, Redmond & Nazar, Wichita, Kan., for Christopher J. Redmond.

MEMORANDUM

CROW, District Judge.

These cases arise out of the bankruptcy of Fleming Grain Company, Inc. (Fleming). In 1984, Fleming, a company which profited from the resale of grain, became financially insolvent due to the principals' losses in the commodities market. On the day Kansas State Bank and Trust Company (KSBT) learned of these losses, it set off1 the amounts owed by Fleming...

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