United States Bankruptcy Court, E.D. Virginia September 28, 1990, 14-33804 (Citizens Federal Bank v. Cardian Mortgage Corp. (In Re Cardian Mortgage Corp.))

MEMORANDUM OPINION

DOUGLAS 0. TICE, Jr., Bankruptcy Judge.

Citizens Federal Bank (“Citizens”) filed a complaint against the chapter 11 debtor Cardian Mortgage Corporation (“Cardian”) seeking a turnover from Cardian in the amount of $643,759.11 plus interest, fees and costs. Both parties filed motions for summary judgment, and hearing on the motions was held on May 22, 1990.