Champaign National Bank, Appellee, and
Firstmerit Bank, Appellant,
v.
Preferred Capital, Inc., Appellee.
Court of Appeals of Ohio, Fifth District, Summit County.https://leagle.com/images/logo.png
DATE OF JUDGMENT ENTRY: December 17, 2009.
DATE OF JUDGMENT ENTRY: December 17, 2009.
Attorney(s) appearing for the Case
J. Bruce Hunsicker, Carolynn E. Coleman, Vorys, Sater, Seymour & Pease LLP, First National Tower, Suite 1100, 106 S. Main Street, Akron, OH 44308, For-Appellant.
Colin G. Skinner, Esq., Oldham Kramer, 195 South Main Street; Suite 300, Akron, OH 44308, Counsel for Plaintiff-appellee.
Ronald L. Lambright, Tamara A. O'Brien, T. Anthony Mazzola, Roderick Linton Belfance, One Cascade Plaza, Suite 1500, Akron, Ohio 44308, Counsel for Receiver & Preferred Capital, Inc.
Kirk W. Roessler, Ziegler, Metzger & Miller, 2020 Huntington Building, 925 Euclid Avenue, Cleveland, OH 44115-1441, Counsel for The State Bank & Trust Co.,
Kathryn A. Belfance, Roderick Linton Belfance, One Cascade Plaza, Suite 1500, Akron, Ohio 44308, Receiver.
Rosemary Sweeney, Esq., Jeff Toole, Esq., Buckley King, 1400 Fifth Third Center, 600 Superior Avenue, East, Cleveland, OH 44114, Counsel for Huntington National Bank.
Stephen Bales, Esq., Ziegler, Metzger & Miller LLP, 2020 Huntington Building, 925 Euclid Avenue, Cleveland, OH 44115-1441, Counsel for Western Reserve Bank.
Kirk W. Roessler, Ziegler, Metzger & Miller LLP, 2020 Huntington Building, 925 Euclid Avenue, Cleveland, OH 44115-1441, Counsel for The State Bank & Trust Co.
Deborah D. Butler, Posting Closing Manager, First City Servicing Corporation, 6400 Imperial Drive, P.O. Box 8216, Waco, TX 76714,
Alan R. Lepene, Esq., Jeremy M. Campana, Thompson Hine LLP, 3900 Key Center, 127 Public Square, Cleveland, OH 44114,
Jonathan M. Ames, 108 Main Avenue S.W., Warren, OH 44481,
Sterling National Bank, % Robert Knox, Vice President — Leasing, 500 Seventh Avenue, 11th Floor, New York, NY 10018-45023.
Richard C. Graham, Esq., Gamble Hartshorn Johnson, LLC, One East Livingston Avenue, Columbus, OH 43215-5700.
J. Timothy Bender, Rotatori, Bender, Gragel, Stoper &, Alexander Co., L.P.A., 800 Leader Building, 526 Superior Avenue East, Cleveland, OH 44114-1498.
Before: Hon. W. Scott Gwin, P.J., Hon. Julie A. Edwards, J., Hon. Patricia A. Delaney, J.,
Court of Appeals of Ohio, Fifth District, Summit County.
OPINION
GWIN, P.J.
{¶1} Appellant FirstMerit Bank, a creditor of appellee Preferred Capital, Inc. appeals a judgment of the Court of Common Pleas of Summit County, Ohio, which directed appellee's Receiver, appellee Kathryn A. Belfance, to pay outstanding expenses and wind up the receivership in the best interest of the secured creditors.
{¶2} The judgment entry states in pertinent part: "*** In winding down the...
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