United States Bankruptcy Court, C.D. California March 28, 2014, Bankruptcy No. 2:10-BK-21661RN; Adversary No. 2:10-AP-01815RN (Sharp v. Federal Deposit Insurance (In re Vineyard National Bancorp))

MEMORANDUM OF DECISION AFTER TRIAL ON (i) COUNT IV OF THE COMPLAINT; AND (ii) COUNT I OF THE AMENDED COUNTERCLAIM

RICHARD M. NEITER, Bankruptcy Judge.

INTRODUCTION

Bradley Sharp, as Liquidating Trustee of the Liquidating Trust of Vineyard National Bancorp (“Plaintiff”), commenced this action on May 5, 2010 raising five claims for relief that seek to disallow the claim of Defendant and