Pirani v. Baharia (In Re Pirani)

STEPHEN A. HIGGINSON, Circuit Judge:

This is an appeal from a district court’s order affirming a bankruptcy court judgment rendered after trial in an adversary action. The adversary action comprises the claims, counterclaims, and affirmative defenses between two sides of a business scheme to buy, renovate, and operate a Days Inn in Sherman, Texas. Abdul Karim Pirani — appellant here — and his brother, Nasim Aziz, formed the plan to buy the hotel. Appellees are the investors that the brothers convinced to buy a fifty-percent stake in the scheme — Malik Baharia, Abdul Hamid Gilani, and Nadirshah…