Black v. Shor

OPINION

Opinion by Justice BENAVIDES.

Appellants, Paul Black, PBF Investments, Ltd., BNP Holdings, Ltd., BNP Commercial Properties, Ltd., BNP Management LLC, and TSE Equities I LLC, challenge three post-judgment turnover orders issued in favor of appellees, Toby Shor and Seashore Investments Management Trust (“Seashore”). We vacate in part and reverse and remand, in part, for further proceedings consistent with this opinion.

I. Background

Appellees were the prevailing parties in an arbitration proceeding and received an arbitration award in excess of $30 million in their favor. On April 6, 2011,…