RACEDAY CENTER, LLC v. RL BB FINANCIAL, LLC

Nos. 2:11-CV-17, 3:11-CV-49

RACEDAY CENTER, LLC, v. RL BB FINANCIAL, LLC, ET AL. and RL BB FINANCIAL, LLC, v. DAVID O. ROBINETTE, ET AL.

United States District Court, E.D. Tennessee, Greeneville Division.

August 9, 2012.


Attorney(s) appearing for the Case

Raceday Center, LLC, Plaintiff, represented by John T Winemiller , Merchant & Gould P.C. (Alcoa), Dean B Farmer , Hodges, Doughty & Carson PLLC(Knoxville) & John A Lucas , Merchant & Gould P.C. (Alcoa).

RL BB Financial, LLC, Defendant, represented by Marcie Kiggans Bradley , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt) & Thomas O Helton , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt).

Rialto Capital Advisors of New York, LLC, Defendant, represented by Thomas O Helton , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt).

Branch Banking and Trust Co., Defendant, represented by Marcie Kiggans Bradley , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt) & Thomas O Helton , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt).

Richard F Ray, CPA, Receiver, represented by Maurice K Guinn , Gentry, Tipton & McLemore, PC.

RL BB Financial, LLC, Counter Claimant, represented by Marcie Kiggans Bradley , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt) & Thomas O Helton , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt).

Rialto Capital Advisors of New York, LLC, Counter Claimant, represented by Thomas O Helton , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt).

Raceday Center, LLC, Counter Defendant, represented by John T Winemiller , Merchant & Gould P.C. (Alcoa), Dean B Farmer , Hodges, Doughty & Carson PLLC(Knoxville) & John A Lucas , Merchant & Gould P.C. (Alcoa).

Rialto Capital Advisors of New York, LLC, Counter Claimant, represented by Thomas O Helton , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt).

RL BB Financial, LLC, Counter Claimant, represented by Marcie Kiggans Bradley , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt) & Thomas O Helton , Baker, Donelson, Bearman, Caldwell & Berkowitz (Chatt).

Raceday Center, LLC, Counter Defendant, represented by John T Winemiller , Merchant & Gould P.C. (Alcoa), Dean B Farmer , Hodges, Doughty & Carson PLLC(Knoxville) & John A Lucas , Merchant & Gould P.C. (Alcoa).


MEMORANDUM AND ORDER

DENNIS H. INMAN, Magistrate Judge.

These cases are factually related, and intimately so. They have at least one over-arching common denominator: a series of loans made by Branch Banking and Trust Company ("BB&T") to Raceday Center, LLC ("Raceday"). Those loans were evidenced by promissory notes and various related loan documents. Some of those related documents were guaranty agreements signed by David Robinette...

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