United States Fifth Circuit
Wells Fargo Bank of Texas N.A. v. Sommers, 04-20841
An order substantively consolidating the assets and liabilities of a corporation in bankruptcy and its sole shareholder, who was not in bankruptcy until later, is vacated where the bankruptcy court erred in applying substantive consolidation nunc pro tunc.
Appellate Information
- Decided 03/31/2006
- Published 04/03/2006
Judges
- JOLLY, Circuit Judge:, Before JOLLY, DENNIS and OWEN, Circuit Judges.
Court
- United States Fifth Circuit
Counsel
- For Appellant:
- Berry D. Spears, Fulbright & Jaworski, Austin, TX, J. Maxwell Tucker (argued), Winstead, Sechrest & Minick, Dallas, TX, Jeffrey Lloyd Joyce, Demetra Lynn Liggins, Winstead, Sechrest & Minick, Houston, TX, for Appellant., Stacy R. Obenhaus, James Paschal Reid (argued), Scott Louis Davis, Gardere Wynne Sewell, Dallas, TX, David Speed Elder, Gardere Wynne Sewell, Houston, TX, for Sommers., Percy L. Wayne Isgitt, Law Offices of Percy L. Wayne Isgitt, Houston, TX, for Peerbhai., C. Zan Turcotte, Law Offices of Percy L. Wayne Isgitt, Houston, TX, for Amco Ins.