Dionne v. First Alabama Bank (In Re XYZ Options, Inc.)

Memorandum Opinion

THOMAS B. BENNETT, Bankruptcy, Judge.

Convolution envelops that which is basic in the fog of complexity. It also delays, sometimes prevents, travel to one’s desired destination. Lifting of the fog and resumption of a journey is the focus of this opinion.

I. The Itinerary: The Voyage Charted, The Shoals, Salvage, And The Mooring

Donald L. Dionne, the trustee of the chapter 7 bankruptcy estate of XYZ Options, Inc. (“Trustee”), seeks partial summary judgment against First Alabama Bank, now known as Regions Bank (“Regions Bank”), and XYZ Trading, Co., Inc. (“Trading”) to control by…