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IN RE GAUBERT

Bankruptcy No. 91-40779, Adv. No. 91-4178.

149 B.R. 819 (1992)

In re Thomas Merrill GAUBERT, a/k/a Thomas M. Gaubert, a/k/a Tom Gaubert, Debtor. FEDERAL DEPOSIT INSURANCE CORPORATION, as Manager of the FSLIC Resolution Fund, Plaintiff, v. Thomas M. GAUBERT, Defendant.

United States Bankruptcy Court, E.D. Texas, Sherman Division.

August 31, 1992.

Attorney(s) appearing for the Case

Steve Teichler, John Veach and Timothy Durst, Baker, Botts, Washington, DC, Robert P. Franke, Thompson, Coe, Cousins & Irons, Dallas, TX, for plaintiff.

Weldon L. Moore, III, Robert M. Greenberg, Dallas, TX, for defendant.

MEMORANDUM OPINION FINDING DEBTS NON-DISCHARGEABLE

C. HOUSTON ABEL, Chief Judge.

Thomas M. Gaubert ("Gaubert") was the majority stock holder of Independent American Savings Association ("IASA"), and he also served as the chairman of the board. IASA was put into receivership. The Federal Deposit Insurance Corporation ("FDIC"), as manager for the FSLIC Resolution Fund, now seeks a determination that three debts are non-dischargeable. Two of the debts arose...

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