United States Fifth Circuit

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SEC v. Great White Marine & Recreation, 04-50080

In a dispute concerning a distribution order of funds obtained in a civil action, judgment in favor of plaintiff-SEC is affirmed over defendant's claim that the district court erred by disbursing the funds to equity holders before creditors.

Appellate Information

  • Decided 10/14/2005
  • Published 10/14/2005


  • EMILIO M. GARZA, Circuit Judge:, Before REAVLEY, JONES and GARZA, Circuit Judges.


  • United States Fifth Circuit


  • For Appellant:
  • Hope Hall Augustini, Katharine Burdell Gresham, U.S. SEC, Washington, DC, for SEC., Hugh Allen Pennington, Jr., Pennington, Hill, Baker, Fort Worth, TX, for Great White Marine & Recreation, Inc., Michael Douglas Clark, Clark Bradford Will (argued), Quilling, Selander, Cummiskey & Lownds, Dallas, TX, for Will., George H. Tapley (argued), Angela Dawn McKee, Neligan, Tarpley, Andrews & Foley, Dallas, TX, for Augustine Fund LP.