Placid Oil Co. v. Williams (In re Placid Oil Co.)

*806 REVISED MEMORANDUM OPINION AND ORDER; (1) GRANTING MOTION FOR SUMMARY JUDGMENT OF REORGANIZED DEBTOR PLACID OIL COMPANY [DE #26]; AND (2) DENYING MOTION FOR SUMMARY JUDGMENT OF POST-CONFIRMATION TORT CLAIMANTS [DE# 29]

STACEY G.C. JERNIGAN, Bankruptcy Judge.

Before this court are cross motions for summary judgment, responses, and supporting documentary evidence in the above-referenced adversary proceeding (the “Adversary Proceeding”).1

Placid Oil Company (“Placid” or “Reorganized Debtor”), the Plaintiff in this Adversary Proceeding, was in a Chapter 11 bankruptcy case in the mid-1980s. Placid…