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IN RE COMMONWEALTH SPRINKLER CO., INC.

Bankruptcy No. 00-34056-T, Adversary No. 01-3059-T.

296 B.R. 694 (2001)

In re COMMONWEALTH SPRINKLER CO., INC., Debtors. Wachovia Bank, N.A., Plaintiff, v. Commonwealth Sprinkler Co., Inc., Joseph E. Beck, III, et als, Defendant.

United States Bankruptcy Court, E.D. Virginia, Richmond Division.

November 16, 2001.

Attorney(s) appearing for the Case

Douglas D. Callaway, Wachovia Securities, Inc., Michael D. Mueller, Christian & Barton, L.L.P., Richmond, VA, for creditors.

Robert A. Canfield, Richmond, VA, for debtor.

Loc Pfeiffer, Kutak, Rock, L.L.P., Richmond, VA, for trustee.

AMENDED MEMORANDUM OPINION

DOUGLAS O. TICE, Jr., Chief Judge.

Hearing was held on May 30, 2001, on the motion of plaintiff Wachovia Bank, N.A. for summary judgment as to defendant Joseph E. Beck, III.

For reasons stated in this opinion, the court will grant plaintiff's motion for summary judgment as there are no material issues in dispute.

I. PROCEDURAL HISTORY AND FINDINGS OF FACT.

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