Crocker v. Third National Bank in Nashville (In re Quality Takes Time, Inc.)

ORDER

GEORGE C. PAINE, II, Chief Judge.

Third party defendant Donna Vraden-burg has made a motion for summary judgment on the third party claim. For the reasons stated, this motion for summary judgment is denied as to the legal theory presented by third party plaintiff Third National Bank and granted as to the equitable theory raised by Third National Bank.

Vradenburg was the president and sole shareholder of Quality Takes Time (“QTT”) prior to it being placed into involuntary bankruptcy on July 31, 1987. Vradenburg had given Third National Bank a guaranty for the debts of QTT. Most of those…