Bancredit Cayman Ltd. v. Regions Bank Corp. (In Re Bancredit Cayman Ltd.)

MEMORANDUM OPINION AND ORDER GRANTING DEFENDANT REGIONS BANK’S MOTION FOR SUMMARY JUDGMENT ON ALL COUNTS OF THE AMENDED COMPLAINT

ROBERT A. MARK, Bankruptcy Judge.

This adversary proceeding arises from the Defendant bank’s alleged unauthorized transfer of funds from the Plaintiffs accounts to the accounts of an affiliate. The Amended Complaint includes 11 counts: 2 statutory claims and 9 common law claims. Defendant has filed a motion for summary judgment on all counts. Plaintiff has since voluntarily dismissed common law counts III, IV, V, VI, VII, VIII in part, and IX of the Amended…