Waldron v. Federal Deposit Insurance (In re Venture Financial Group, Inc.)

FINDINGS OF FACT AND CONCLUSIONS OF LAW

Brian D. Lynch, U.S. Bankruptcy Court Judge

This, trial was held on July 26, 2016 through July 29, 2016. Plaintiff Mark D. Waldron, as Ch. 7 Trustee of Venture Financial Group, Inc., (the “Trustee”) appeared through his counsel, Dillon E. Jackson and Christopher Emch of Foster Pepper PLLC. Defendant, Federal Deposit Insurance Corporation, in its capacity as Receiver of Venture Bank, appeared through its counsel, Teresa H. Pearson of Miller Nash Graham & Dunn LLP (the “FDIC-R”).

Introduction

Venture Bank is a wholly-owned subsidiary of debtor Venture…