Principal Life Insurance v. JPMorgan Chase Bank, N.A. (In Re Brook Mays Music Co.)
United States Bankruptcy Court, N.D. Texas
1Opinion of the Court
MEMORANDUM OPINION AND ORDER DENYING MOTION OF PLAINTIFFS TO REMAND AND ABSTAIN
STACEY G.C. JERNIGAN, Bankruptcy Judge.
I
INTRODUCTION
Principal Life Insurance Company and Petula Associates, Ltd., the Plaintiffs, move to remand this adversary proceeding to the 116th Judicial District Court of Dallas County, Texas (hereinafter, the “State Court”). The Defendants oppose the motion. The court conducted a hearing on this matter on December 13, 2006.
II
RELEVANT FACTS
1. Brook Mays Music Company (the “Debtor” or “Brook Mays”) filed a voluntary petition under chapter 11 of the United States Code (the…
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