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IN RE MILLERS COVE ENERGY CO., INC.

Bankruptcy No. 90-34050. Adv. No. 93-3013.

179 B.R. 77 (1995)

In re MILLERS COVE ENERGY CO., INC., Debtor. The OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF MILLERS COVE ENERGY CO., INC., Plaintiff, v. David AUDUS; Banco Mercantile Miami — Banco Principal Divisas, Caracas, Venezuela; Carbones Naricual C.A.; John Clark; Donan Engineering, Inc.; Elmer Buchta Trucking; Michael H. Hagedoen Trust Acct., Tell City, Indiana; Marcoal, Inc.; Marcoal U.S.A., Inc.; Frederick Keady; First National Bank of Joliet, Illinois; Ralph Hix; Semca Equipment, Inc., Miami, Florida; Strachan Shipping Co.; Time Insurance Co.; and Millers Cove Resources, Inc., Defendants.

United States Bankruptcy Court, E.D. Tennessee.

February 24, 1995.

Attorney(s) appearing for the Case

Melnick & Moore, Neil S. Melnick, C. Allen Ragle, Knoxville, TN, for plaintiff Official Committee of Unsecured Creditors of Millers Cove Energy Co., Inc.

Egerton, McAfee, Armistead & Davis, P.C., W.W. Davis, Jr., Knoxville, TN, for defendant First Nat. Bank of Joliet, Ill.

Hodges, Doughty & Carson, Dean B. Farmer, James M. Cornelius, Jr., W. Tyler Chastain, Knoxville, TN, for defendant Millers Cove Resources, Inc.

Jessee & Jessee, Thomas C. Jessee, Johnson City, TN, for defendants Marcoal, Inc. and Marcoal U.S.A., Inc.

McCampbell & Young, P.C., J. Christopher Kirk, Tammy Kaousias, Knoxville, TN, for defendant Danco Engineering, Inc., f/d/b/a Donan Engineering, Inc.

O'Conner, Petty, Child & Boswell, Charles H. Child, William T. Magill, Knoxville, TN, for defendant Frederick D. Keady.

MEMORANDUM

MARCIA PHILLIPS PARSONS, Bankruptcy Judge.

This is an action for the avoidance and recovery of certain alleged fraudulent conveyances from the debtor to the various defendants brought by the Official Committee of Unsecured Creditors of the debtor, Millers Cove Energy Co., Inc. (the "Committee"), pursuant to 11 U.S.C. § 544(b). Presently pending before the court are the following matters: (1) motion to dismiss filed by Millers Cove...

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