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F.D.I.C. v. VICTORY LANES

Civ. A. No. 4:93cv00048.

158 B.R. 617 (1993)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of Ultimate Savings Bank, F.S.B., Appellant, v. VICTORY LANES, Appellee.

United States District Court, E.D. Virginia, Newport News Division.

September 14, 1993.

Attorney(s) appearing for the Case

Charles L. Williams, Thompson & McMullan, P.C., Richmond, VA, for appellant.

Frank J. Santoro, Portsmouth, VA, for appellee.

MEMORANDUM OPINION AND ORDER

PAYNE, District Judge.

This appeal seeks review of a decision of the Bankruptcy Court striking two different claims of a secured creditor for the reasons that: (1) a UCC continuation statement was found to have been improperly filed because it identified the creditor in its corporate capacity, rather than in its capacity as receiver; and (2) a purported assignment was found to...

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