Federal Deposit Insurance v. British-American Corp.

ORDER

BRITT, Chief Judge.

This matter is before the court upon plaintiffs’ motion for partial summary judgment. Following the hearing, the court has reviewed the materials before it and determines the motion should be treated as a motion to strike insufficient defenses and allowed.

I

Plaintiffs instituted this action seeking $2,960,000.00 plus interest for the alleged fraudulent conveyance of the Fiji subsidiary of defendant British American Insurance Company Limited (BAICL). They seek partial satisfaction of a judgment against Fort Lincoln Life Insurance Company (FLLIC) rendered in 1984 by the…