Deutsche Bank Securities is the largest unsecured creditor of Taylor, Bean & Whitaker (TBW) and is owed at least $42 million, according to a supplemental filing in the bankruptcy case of the nonbank lender.
A spokesman for DB had no comment at press time. The claim is labeled as "disputed" in the filing and no additional information is provided. The second largest unsecured creditor is James G. Hicks of Lawrenceville, Ga., who has staked a claim for $9 million. Hicks, however, is not listed in the telephone directory as a consumer or business. The third largest unsecured creditor is RBC Capital Markets, New York, which is owed $2.2 million.