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SUMMIT TRUST SERVICES, INC. v. SNYDER

No. 96CA0200.

936 P.2d 623 (1997)

In re the Matter of SUMMIT TRUST SERVICES, INC., Upon the Petition of the Colorado State Banking Board, Petitioner-Appellee, and Concerning Law Offices of Bernard J. Hittner Money Purchase Plan and Law Offices of Bernard J. Hittner Profit Sharing Plan, Objectors-Appellants, v. Andrew C. SNYDER, Receiver, Movant-Appellee.

Colorado Court of Appeals, Div. III.

March 20, 1997.

Attorney(s) appearing for the Case

Gale A. Norton, Attorney General, Stephen K. ErkenBrack, Chief Deputy Attorney General, Timothy M. Tymkovich, Solicitor General, Richard H. Forman, Senior Assistant Attorney General, Denver, for Petitioner-Appellee and Movant-Appellee.

Merrick, Calvin & Merker, LLP, Glenn W. Merrick, Denver, for Objectors-Appellants.

Opinion by Judge JONES.

In this involuntary liquidation action, the objectors, Law Offices of Bernard J. Hittner Money Sharing Plan and Law Offices of Bernard J. Hittner Profit Sharing Plan (Hittner Plans), appeal an order of the district court approving a plan of distribution and liquidation proposed by Andrew S. Snyder, a receiver for Summit Trust Services, Inc. (Summit). We affirm.

Summit was a trust company initially chartered by the Colorado State Banking...

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