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IN RE WATTS CONTRACTORS, INC.

Bankruptcy No. 05-43315-DOT. Adversary No. 06-03105-DOT.

360 B.R. 489 (2007)

In re WATTS CONTRACTORS, INC. Chapter 11, Debtor in Possession. Watts Contractors, Inc., Plaintiff v. Gerald W. Watts; Bank of the James; Jim's Supply of Va., Inc.; and Commonwealth of Virginia, Dept. of Social Services, Div. of Child Support Enforcement, Defendants.

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

January 10, 2007.

Attorney(s) appearing for the Case

Douglas A. Scott, John C. Smith, Roy M. Terry Jr., DurretteBradshaw, PLC, Richmond, VA, Counsel for Watts Contractors, Inc.

Paul S. Bliley Jr., Robert D. Perrow, Williams, Mullen, Clark & Dobbins, P.C., Richmond, VA, Counsel for Gerald W. Watts.

Robert F. Chapman, III, President & CEO, Bank of the James, Lynchburg, VA, Sandra S. Crump, Jim's Supply of Va., Inc., Chase City, VA, Craig M. Burshem, Esquire, Office of the Attorney General, Richmond, VA Counsel for Commonwealth of Virginia, Dept. of Social Services, Division of Child Support Enforcement.

MEMORANDUM OPINION AND ORDER

DOUGLAS O. TICE JR., Chief Judge.

Hearing was held on November 16, 2006, on the motion for summary judgment filed by plaintiff Watts Contractors, Inc., the Debtor-In-Possession ("DIP"), against defendant Gerald W. Watts. Defendant filed a cross-motion for summary judgment. Following the hearing, the court requested both parties to submit proposed findings of fact and conclusions of law. For the following reasons, the plaintiffs...

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