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ATTORNEYS TITLE GUAR. FUND v. GOODMAN

No. 2:99-CV-974B.

179 F.Supp.2d 1268 (2001)

ATTORNEYS TITLE GUARANTY FUND, Plaintiff, v. David W. GOODMAN, et al., Defendants.

United States District Court, D. Utah, Central Division.

December 12, 2001.

Attorney(s) appearing for the Case

Bruce A. Maak, Carolyn B. McHugh, Justin Peter Matkin, Parr Waddoups Brown Gee & Loveless, Salt Lake City, UT, for Attorney's Title Guaranty Fund.

Rex E. Madsen, Reed L. Martineau, Snow Christensen & Martineau, Salt Lake City, UT, for David W. Goodman, Strata Funding Group and Household Properties.

John L. McCoy, Salt Lake City, UT, for Rod.

Robert F. Dodenbier, Sandy, UT, for David W Goodman, Household Properties, Strata Marketing, Strata Funding Group and Chris Goodman.

James S. Jardine, Rick B. Hoggard, Arthur B. Berger, David O. Gibbon, Michael D. Mayfield, Ray Quinney & Nebeker, Salt Lake City, UT, for Brighton Bank.

Michael Horsley, Scottsdale, AZ, pro se.

David Kinney, West Point, UT, pro se.

Chris Goodman, S Jordan, UT, pro se.

MEMORANDUM OPINION & ORDER

BENSON, Chief Judge.

I. Introduction

Before the Court are plaintiff Attorneys Title Guaranty Fund's ("ATGF") and defendant Brighton Bank's ("Brighton") cross-motions for summary judgment. Both ATGF and Brighton rely on § 22-1-7 of the Utah Fiduciaries Act, Utah Code Ann. § 22-1-1 et. seq.1, in support of their respective motions. Section 22-1-7 provides:

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