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IN RE WALLANCE

BK Case No. 09-20496-TLM, Case No. 2:10-CV-113-BLW.

IN RE: LEONARD O. WALLACE and PAMELA J. WALLACE, Debtors-in-Possession.

United States District Court, D. Idaho.

March 30, 2011.

ORDER

B. LYNN WINWILL, District Judge.

INTRODUCTION

The Court has before an appeal by Debtors-in-Possession, Leonard and Pamela Wallace ("Debtors"). For the reasons explained below, the Court will affirm the Bankruptcy Court's dismissal of the case.

FACTUAL BACKGROUND

Through negotiations with Norman Hayes, Leonard Wallace agreed to fund development of a patented identification bolus for cattle and other livestock in exchange...

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