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IN RE TEXAS WYOMING DRILLING, INC.

No. 10-10717.

647 F.3d 547 (2011)

In the Matter of TEXAS WYOMING DRILLING, INC., Debtor. John Dee Spicer, Chapter 7 Trustee for Texas Wyoming Drilling, Inc., Appellee, v. Laguna Madre Oil & Gas II, L.L.C.; Paloma Ventures; Ronald Knecht; Stephen L. Danchok; Garth Stanger, Trustee of the Stanger Family Trust; William E. Walthers; Donald Anderson, Trustee of the Anderson Living Trust; Trustee of the Dale and Carolyn Hanst Trust; Eric Kiersh; Michael Humphrey, Trustee of the Humphrey Family Trust; Wade Vessey; Karen Vessey; Keith Hanst; Leo Hanly; Danny Jackson; Gary Grace; William Brinkop; Dan Peters, Appellants.

United States Court of Appeals, Fifth Circuit.

July 21, 2011.

Attorney(s) appearing for the Case

Davor Rukavina (argued), Munsch, Hardt, Kopf & Harr, P.C., Dallas, TX, Thomas Dwain Powers , Harris, Finley & Bogle, P.C., Fort Worth, TX, for Appellee.

Timothy Paul Dowling (argued), Gary, Thomasson, Hall & Marks, P.C., Corpus Christi, TX, for Appellants.

Before DAVIS, CLEMENT and ELROD, Circuit Judges.

EDITH BROWN CLEMENT, Circuit Judge:

Laguna Madre Oil & Gas II, L.L.C., et al., ("Laguna"), appeals the bankruptcy court's denial of its motion for summary judgment. We AFFIRM.

FACTS AND PROCEEDINGS

Texas Wyoming Drilling, Inc. ("TWD") filed a voluntary petition for bankruptcy under Chapter 11. Thereafter, TWD filed its disclosure statement and plan, both of which were approved by the bankruptcy court...

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