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IN RE WL HOMES, LLC

Bankruptcy No. 09-10571 (BLS). Adversary No. 09-50514.

452 B.R. 138 (2011)

In re WL HOMES, LLC, et al., Debtors.

United States Bankruptcy Court, D. Delaware.

May 25, 2011.

Attorney(s) appearing for the Case

Thomas M. Horan , Francis A. Monaco, Jr. , Womble Carlyle Sandridge & Rice PLLC, Wilmington, DE, Gregory A. Bray , Linda Dakin-Grimm , Milbank, Tweed, Hadley & McCloy LLP, New York, NY, James D. Whooley , Milbank, Tweed, Hadley & McCloy LLP, Los Angeles, CA, for Plaintiff Wachovia Bank.

Carl D. Neff , Daniel K. Astin , John D. McLaughlin, Jr. , Joseph J. McMahon, Jr. , Ciardi Ciardi & Astin, Wilmington, DE, Albert A. Ciardi, III , Carl E. Singley , William Baldini , Ciardi Ciardi & Astin, Philadelphia, PA, Mark H. Ralston , Ciardi Ciardi & Astin, Rick Steinberg , Ciardi Ciardi & Astin, New York, NY, for Defendants George L. Miller, Trustee for the Debtors' Estates and JLH Corporation.

OPINION1

BRENDAN LINEHAN SHANNON, Bankruptcy Judge.

Before the Court are cross-motions for summary judgment filed by Wachovia Bank, National Association ("Wachovia"), and George L. Miller, Chapter 7 Trustee for the Estate of WL Homes, LLC (the "Trustee"), respectfully. For the following reasons, the Court will grant the motion for summary judgment filed by Wachovia, and deny the motion for summary judgment filed...

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