Legal Opinion

In re: Mountain Express Oil Company

United States Bankruptcy Court, S.D. Texas

Decided October 29, 2025No. 23-90147Unknown

1Opinion

IN THE UNITED STATES BANKRUPTCY COURT October 29, 2025 FOR THE SOUTHERN DISTRICT OF TEXAS Nathan Ochsner, Clerk HOUSTON DIVISION IN RE: § § CASE NO: 23-90147 MOUNTAIN EXPRESS OIL COMPANY, § § Debtor. § § § CHAPTER 7 MEMORANDUM OPINION Mr. Lamar Frady and Mr. Turco Wadud, former co-chief executive officers of debtor Mountain Express Oil Company and members of the debtor’s board of directors, filed the instant motion for relief from the automatic stay to permit an insurer to advance and/or reimburse defense costs and fees under the AXIS Insurance Company Management Liability Policy, Policy No.…

2Cases cited15 opinions

  1. Stern v. MarshallSupreme Court of the United States · 2011
  2. United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
  3. 17 Collier bankr.cas.2d 743, Bankr. L. Rep. P 71,955 in the Matter of James P. Wood, M.D. And Carol B. Wood, Debtors. Dr. Arthur E. Wood, III v. Dr. James P. Wood, Carol Wood, Woodrow Barham & Wayne Clinic, P.A.Court of Appeals for the Fifth Circuit · 1987
  4. Southmark Corp. v. Coopers & LybrandCourt of Appeals for the Fifth Circuit · 1999
  5. Badami v. Sears (In Re AFY, Inc.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2012

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