Legal Opinion
Dynasty Oil & Gas, LLC v. Citizens Bank
Court of Appeals for the Fifth Circuit
Decided August 12, 2008No. 07-51074PublishedCited by 60 opinions
1Opinion of the Court
EDITH H. JONES, Chief Judge:
Dynasty Oil and Gas (“Dynasty”) survived as a shell corporation after all of its assets were liquidated in a Chapter 11 bankruptcy. The bankruptcy court granted summary judgment against Dynasty’s post-confirmation attempt to sue the Appellees for their alleged mismanagement of its property during the reorganization. We affirm the judgment for the following reasons.
BACKGROUND
In early 2004, Dynasty filed a Chapter 11 bankruptcy case. At the time of filing Dynasty owned several oil and gas properties, which had been out of production since late 2003. Citizens Bank…
2Cases cited9 opinions
- Mid-State Fertilizer Co., Lasley Kimmel, and Maxine Kimmel v. Exchange National Bank of ChicagoCourt of Appeals for the Seventh Circuit · 1989
- Harstad v. First American BankCourt of Appeals for the Eighth Circuit · 1994
- Lang v. FrenchCourt of Appeals for the Fifth Circuit · 1998
- In Re GrinsteadUnited States Bankruptcy Court, D. Minnesota · 1985
- Kroh Bros. Development Co. v. United Missouri Bank of Kansas City, N.A. (In Re Kroh Bros. Development Co.)United States Bankruptcy Court, W.D. Missouri · 1989
4 more not listed; retrieve them via the Exa API.
3Cited by60 opinions
- Jeff Compton v. Aker Pusnes ASCourt of Appeals for the Fifth Circuit · 2012
- Spicer v. Laguna Madre Oil & Gas II, L.L.C. (In Re Texas Wyoming Drilling, Inc.)Court of Appeals for the Fifth Circuit · 2011
- Think3 Litigation Trust v. Zuccarello (In re Think3, Inc.)United States Bankruptcy Court, W.D. Texas · 2015
- In Re Cypresswood Land Partners, IUnited States Bankruptcy Court, S.D. Texas · 2009
- Floyd v. CIBC World Markets, Inc.District Court, S.D. Texas · 2009
55 more not listed; retrieve them via the Exa API.