Legal Opinion

Kelley v. Cypress Financial Trading Co.

District Court, N.D. Texas

Decided July 30, 2014No. Civil Action No. 3:13-CV-02282-LPublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

SAM A. LINDSAY, District Judge.

Before the court is the appeal of Douglas A. Kelley, in his capacity as Chapter 11 Trustee of Petters Company, Inc., filed June 17, 2013. After consideration of the briefs, record on appeal, and the applicable law, the court reverses the order of the Bankruptcy Court entered on May 3, 2013, and remands this case to the Bankruptcy Court for dismissal.

I. Background

In 2008, federal law enforcement officers surrounded the office of Thomas Petters (“Petters”) and seized items of evidence related to a large Ponzi scheme. For years, Petters…

2Cases cited7 opinions

In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
Robertson v. Dennis (In Re Dennis)Court of Appeals for the Fifth Circuit · 2003
In the Matter of James S. YOUNG, Debtor. James S. YOUNG, Appellant, v. NATIONAL UNION FIRE INSURANCE CO. OF PITTSBURGH, PA., AppelleeCourt of Appeals for the Fifth Circuit · 1993
In the Matter of Atlas Supply Corporation, Debtor. Gail Lee Peterson v. Atlas Supply CorporationCourt of Appeals for the Fifth Circuit · 1988
Century Indemnity Co. v. National Gypsum Co. Settlement Trust (In Re National Gypsum Co.)Court of Appeals for the Fifth Circuit · 2000

2 more not listed; retrieve them via the Exa API.

3Cited by2 opinions

Sarfani, Inc. v. Mississippi Department of Revenue (In re Sarfani, Inc.)United States Bankruptcy Court, N.D. Mississippi · 2015
L Harris Construction Co. v. Mississippi Department of Revenue (In re L Harris Construction Co.)United States Bankruptcy Court, S.D. Mississippi · 2015