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IN RE MATTER OF EVANS INDUSTRIES INCORPORATED

No. 10-30387.

In the Matter of: EVANS INDUSTRIES INCORPORATED, Debtor. GREIF INDUSTRIAL PACKAGING AND SERVICES, LIMITED LIABILITY CORPORATION, Appellant, v. R. PATRICK SHARP, III, as Distribution Trustee for the Distribution Trust of Evans Industries, Incorporated, Appellee.

United States Court of Appeals, Fifth Circuit.

Filed June 21, 2011.

PER CURIAM:**

This dispute concerns the proper interpretation of an asset purchase agreement between a Chapter 11 debtor and the company that purchased it out of bankruptcy. We AFFIRM the judgment of the district court with respect to the holdback claims for environmental liabilities and the Ingersoll-Rand industrial equipment. We REVERSE and REMAND the judgment of the district court with respect to the Lexington insurance premium.

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