Liquidating Grantor's Trust of Proteva Inc. v. Finova Capital Corp. (In re Proteva, Inc.)

MEMORANDUM OPINION

SUSAN PIERSON SONDERBY, Chief Judge.

This cause comes to be heard on the motion of Liquidating Grantor’s Trust of Proteva, Inc. and Proteva Marketing Group, Inc. for sanctions. For the reasons stated herein, the motion is denied.

FACTS

On January 3, 2001, Liquidating Grant- or’s Trust of Proteva, Inc. (the “Trust”) filed a seven-count complaint (the “Complaint”) against Finova Capital Corporation (“Finova”), William Lynch, Brian Jordan and John Roberts. Lynch, Jordan and Roberts are collectively referred to as the “Guarantors.”

In the Complaint, the Trust seeks, inter alia, to:…