Legal Opinion

Branch Banking & Trust Co. of Virginia, Inc. v. Powers (In Re Powers)

United States Bankruptcy Court, E.D. Virginia

Decided October 1, 1998No. 19-50292PublishedCited by 25 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

DAVID H. ADAMS, Bankruptcy Judge.

This matter comes before the Court on the complaint of Branch Banking and Trust Co. (“BB & T”) to determine the dischargeability of a debt under 11 U.S.C. § 523(a)(6) owed by Stewart Milton Powers Jr. to BB & T. The plaintiff contends that the debt is non-dischargeable because the defendant debtor transferred a Municipal Bond Investment Portfolio Account (“Portfolio Account”) to First Union Bank (“First Union”) as security for a loan when the Portfolio Account had already been pledged to BB & T as collateral for a loan. This is a…

2Cases cited16 opinions

  1. Grogan v. GarnerSupreme Court of the United States · 1991
  2. Kawaauhau v. GeigerSupreme Court of the United States · 1998
  3. Bankr. L. Rep. P 74,355 in Re Robert Britton, Debtor. Robert Britton v. Mary PriceCourt of Appeals for the Ninth Circuit · 1991
  4. In Re Paul W. Geiger, Debtor. Paul W. Geiger v. Margaret Kawaauhau and Solomon KawaauhauCourt of Appeals for the Eighth Circuit · 1997
  5. St. Paul Fire & Marine Insurance Company v. Roland C. Vaughn, and Gladys G. Vaughn, in Re Roland C. Vaughn and Gladys G. Vaughn A/K/A Gladys Murray, Debtors. Gladys G. Vaughn, A/K/A Gladys Murray Anigroeg Services, Inc. Nucleus Construction, and Roland C. Vaughn v. W. Alan Smith, Jr., Trustee, Gladys C. Vaughn, A/K/A Gladys Murray, and Roland C. Vaughn v. W. Alan Smith, Jr., Trustee Sherwood S. Day, Trustee St. Paul Fire & Marine Insurance CompanyCourt of Appeals for the Fourth Circuit · 1985

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3Cited by25 opinions

  1. KMK Factoring, L.L.C. v. McKnew (In Re McKnew)United States Bankruptcy Court, E.D. Virginia · 2001
  2. Ocean Equity Group, Inc. v. Wooten (In Re Wooten)United States Bankruptcy Court, E.D. Virginia · 2010
  3. ABF, Inc. v. Russell (In Re Russell)United States Bankruptcy Court, N.D. Indiana · 2001
  4. Johnson v. Davis (In Re Davis)United States Bankruptcy Court, E.D. Virginia · 2001
  5. In Re: Ronda S. Peklar, Debtor. Ronda S. Peklar v. Lloyd Ikerd, an IndividualCourt of Appeals for the Ninth Circuit · 2001

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