DLX, Inc. v. Fox Trot Properties, LLC

OPINION

WILLIAM W. SCHWARZER, District Judge.

This is an appeal from a judgment of the district court affirming a judgment of the bankruptcy court. We have jurisdiction of an appeal from a final order of the bankruptcy court under 28 U.S.C. § 158(d)(1).

I. BACKGROUND

The controversy arises out of a series of somewhat convoluted real estate transactions. In 1993, the South-East Coal Company (“South-East”), then in Chapter 11 bankruptcy proceedings, sold its real property in Estill County, Kentucky, to the plaintiff, DLX, Inc. It is undisputed that among the properties South-East intended to sell…