[Federal Register: October 13, 2004 (Volume 69, Number 197)]
[Notices]               
[Page 60866]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13oc04-52]                         

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FEDERAL DEPOSIT INSURANCE CORPORATION

 
Determination of Insufficient Assets To Satisfy All Claims of 
Financial Institution in Receivership

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice.

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SUMMARY: The Federal Deposit Insurance Corporation (FDIC) has 
determined that the proceeds that can be realized from the liquidation 
of assets of the receivership listed in SUPPLEMENTARY INFORMATION are 
insufficient to wholly satisfy the priority claims of depositors 
against the receivership estate. Therefore, upon satisfaction of 
secured claims, depositor claims, and claims which have priority over 
depositors under applicable law, no amount will remain or will be 
recovered sufficient to allow a dividend, distribution, or payment to 
any creditor of lesser priority, including but not limited to claims of 
general creditors. Any such claims are hereby determined to be 
worthless.

FOR FURTHER INFORMATION CONTACT: Thomas Bolt, Counsel, Legal Division, 
FDIC, 550 17th Street, NW., Room H-11052, Washington, DC 20429. 
Telephone: (202) 736-0168.

SUPPLEMENTARY INFORMATION: Financial Institution in Receivership 
Determined To Have Insufficient Assets To Satisfy All Claims, FIN 4657, 
Am Trade International Bank of Georgia, Atlanta, Georgia.

    Dated: October 7, 2004.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 04-22913 Filed 10-12-04; 8:45 am]

BILLING CODE 6714-01-P