Business Aircraft Leasing, Inc. v. Ultra Energy Resources, LLC

UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF KENTUCKY ASHLAND DIVISION IN RE LARRY CONRAD ADDINGTON CASE NO. 12-10029 DEBTOR BUSINESS AIRCRAFT LEASING, INC. PLAINTIFF V. ADV. NO. 24-1006 ULTRA ENERGY RESOURCES, LLC DEFENDANT MEMORANDUM OPINION The Plaintiff Business Aircraft Leasing, Inc. (“BAL”) seeks a declaratory judgment that it purchased all the Debtor’s ownership rights in the Defendant Ultra Energy Resources, LLC (“Ultra”) during the bankruptcy proceeding. [ECF No. 1.] Ultra filed a motion to dismiss for lack of jurisdiction and a motion for summary judgment. [ECF Nos. 6, 9.] BAL…