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IN RE CNB INTERN., INC.

Bankruptcy No. 99-11240 B. Adversary No. 01-1193B. No. 08-CV-774A.

440 B.R. 31 (2010)

In re CNB INTERNATIONAL, INC., Debtor. CNB International, Inc. Litigation Trust, Plaintiff-Appellee-Cross Appellant, v. Lloyds TSB Bank plc, Defendant-Appellant-Cross-Appellee.

United States District Court, W.D. New York.

September 20, 2010.

Attorney(s) appearing for the Case

David L. Barres , Mintz Levin Cohn Ferris , Raymond L. Fink , Harter, Secrest & Emery, Buffalo, NY, New York City, Colleen E. McManus , Piper, Marbury, Rudnick & Wolfe, Chicago, IL, Paul J. Ricotta , Boston, MA, Monica L. Thompson , Chicago, IL, Richard M. Zielinski , Hill & Barlow, P.C., Boston, MA, for Defendant.

Robert J. Feldman , Buffalo, NY, Cameron J. MacDonald , Kenneth Oestreicher , Whiteford, Taylor & Preston L.L.P., Baltimore, MD, for Plaintiff.

DECISION AND ORDER

RICHARD J. ARCARA, District Judge.

INTRODUCTION

This appeal concerns the liability of Lloyds TSB Bank plc ("Lloyds") for funds it received as the result of a constructively fraudulent conveyance in 1996. United States Bankruptcy Judge Carl L. Bucki determined that Lloyds was liable to the CNB International, Inc., Litigation Trust (the "Trust") in the amount of $10,639,000, plus interest computed at a federal rate totaling...

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