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

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

This Adversary Proceeding was filed by Placid Oil Company (“Placid” or “Reorga nized Debtor”), approximately two decades after confirmation of a Chapter 11 plan and…