SPEAR v. FENKELL

Civil Action No. 13-02391.

SPEAR, et al. v. FENKELL, et al.

United States District Court, E.D. Pennsylvania.

September 21, 2015.


Attorney(s) appearing for the Case

BARBIE SPEAR, IN HER CAPACITY AS TRUSTEE OF THE ALLIANCE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, Plaintiff, represented by DAVID N. LEVINE , GROOM LAW GROUP CHTD, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, LARS C. GOLUMBIC , GROOM LAW GROUP CHTD, NANCY F. MCTYRE , GROOM LAW GROUP CHTD, SARAH A. ZUMWALT , GROOM LAW GROUP CHTD, WILLIE E. WILDER , GROOM LAW GROUP, CHARTERED, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP, CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

ALLIANCE HOLDINGS, INC., Plaintiff, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

A.H.I., INC., Plaintiff, represented by WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP, CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

AH TRANSITION CORP., A CORPORATION, Plaintiff, represented by WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP, CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

DAVID B. FENKELL, AN INDIVIDUAL, Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

STONEHENGE FINANCIAL HOLDINGS, INC., A CORPORATION, Defendant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN, DINA L. GROVE , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

STUDENT LOAN MANAGEMENT AND RESEARCH SERVICES, LLC, A LIMITED LIABILITY COMPANY, Defendant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC, SCOTT H. RUPORT , RUPORT CO LPA & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

JOHN P. WITTEN, AN INDIVIDUAL, Defendant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN, DINA L. GROVE , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

BARRY GOWDY, AN INDIVIDUAL, Defendant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN, DINA L. GROVE , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

RONALD D. BROOKS, AN INDIVIDUAL, Defendant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN, DINA L. GROVE , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

PAUL SEFCOVIC, AN INDIVIDUAL, Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, ROY F. VIOLA, JR. , HAWKINS PARNELL & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

LIANNE SEFCOVIC, AN INDIVIDUAL, Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, ROY F. VIOLA, JR. , HAWKINS PARNELL & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

KAREN FENKELL, AN INDIVIDUAL, Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

BONNIE METZGER, Movant, represented by ROY F. VIOLA, JR. , HAWKINS PARNELL & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

NICK REUTZEL, Movant, represented by ROY F. VIOLA, JR. , HAWKINS PARNELL & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

GARY WHITT, Movant, represented by ROY F. VIOLA, JR. , HAWKINS PARNELL & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, Counter Claimant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP & DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP.

PAUL SEFCOVIC, AN INDIVIDUAL, Counter Claimant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

LIANNE SEFCOVIC, AN INDIVIDUAL, Counter Claimant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

ALLIANCE HOLDINGS, INC., Counter Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

BARBIE SPEAR, IN HER CAPACITY AS TRUSTEE OF THE ALLIANCE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, Counter Defendant, represented by DAVID N. LEVINE , GROOM LAW GROUP CHTD, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, LARS C. GOLUMBIC , GROOM LAW GROUP CHTD, NANCY F. MCTYRE , GROOM LAW GROUP CHTD & SARAH A. ZUMWALT , GROOM LAW GROUP CHTD.

DAVID B. FENKELL, AN INDIVIDUAL, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

KAREN FENKELL, AN INDIVIDUAL, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

BARBIE SPEAR, IN HER CAPACITY AS TRUSTEE OF THE ALLIANCE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, Counter Defendant, represented by DAVID N. LEVINE , GROOM LAW GROUP CHTD, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, LARS C. GOLUMBIC , GROOM LAW GROUP CHTD, NANCY F. MCTYRE , GROOM LAW GROUP CHTD, SARAH A. ZUMWALT , GROOM LAW GROUP CHTD & BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP.

DAVID B. FENKELL, AN INDIVIDUAL, ThirdParty Plaintiff, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

KENNETH WANKO, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

ERIC LYNN, ThirdParty Defendant, represented by BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP, CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

DAVID B. FENKELL, AN INDIVIDUAL, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

KAREN FENKELL, AN INDIVIDUAL, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

BARBIE SPEAR, IN HER CAPACITY AS TRUSTEE OF THE ALLIANCE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, Counter Defendant, represented by DAVID N. LEVINE , GROOM LAW GROUP CHTD, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, LARS C. GOLUMBIC , GROOM LAW GROUP CHTD, NANCY F. MCTYRE , GROOM LAW GROUP CHTD, SARAH A. ZUMWALT , GROOM LAW GROUP CHTD & BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP.

STUDENT LOAN MANAGEMENT AND RESEARCH SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC, SCOTT H. RUPORT , RUPORT CO LPA & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

DAVID B. FENKELL, AN INDIVIDUAL, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

KAREN FENKELL, AN INDIVIDUAL, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

LIANNE SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

PAUL SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP & DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP.

RONALD D. BROOKS, AN INDIVIDUAL, ThirdParty Plaintiff, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

BARRY GOWDY, AN INDIVIDUAL, ThirdParty Plaintiff, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

JOHN P. WITTEN, AN INDIVIDUAL, ThirdParty Plaintiff, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

STONEHENGE FINANCIAL HOLDINGS, INC., A CORPORATION, ThirdParty Plaintiff, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

ERIC LYNN, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

KENNETH WANKO, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

BARBIE SPEAR, ThirdParty Defendant, represented by EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

RONALD D. BROOKS, AN INDIVIDUAL, Cross Claimant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

BARRY GOWDY, AN INDIVIDUAL, Cross Claimant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

JOHN P. WITTEN, AN INDIVIDUAL, Cross Claimant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

STONEHENGE FINANCIAL HOLDINGS, INC., A CORPORATION, Cross Claimant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

DAVID B. FENKELL, AN INDIVIDUAL, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

RONALD D. BROOKS, AN INDIVIDUAL, Counter Claimant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

BARRY GOWDY, AN INDIVIDUAL, Counter Claimant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

JOHN P. WITTEN, AN INDIVIDUAL, Counter Claimant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

STONEHENGE FINANCIAL HOLDINGS, INC., A CORPORATION, Counter Claimant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

ALLIANCE HOLDINGS, INC., Counter Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

LIANNE SEFCOVIC, AN INDIVIDUAL, ThirdParty Plaintiff, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, ThirdParty Plaintiff, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP & DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP.

PAUL SEFCOVIC, AN INDIVIDUAL, ThirdParty Plaintiff, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

KENNETH WANKO, ThirdParty Defendant, represented by BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP, CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

LIANNE SEFCOVIC, AN INDIVIDUAL, Counter Claimant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, Counter Claimant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP & DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP.

PAUL SEFCOVIC, AN INDIVIDUAL, Counter Claimant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

KENNETH WANKO, Counter Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

ALLIANCE HOLDINGS, INC., Counter Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

BARBIE SPEAR, IN HER CAPACITY AS TRUSTEE OF THE ALLIANCE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, Counter Defendant, represented by DAVID N. LEVINE , GROOM LAW GROUP CHTD, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, LARS C. GOLUMBIC , GROOM LAW GROUP CHTD, NANCY F. MCTYRE , GROOM LAW GROUP CHTD, SARAH A. ZUMWALT , GROOM LAW GROUP CHTD, WILLIE E. WILDER , GROOM LAW GROUP, CHARTERED, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

BARRY GOWDY, AN INDIVIDUAL, ThirdParty Plaintiff, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

RONALD D. BROOKS, AN INDIVIDUAL, ThirdParty Plaintiff, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

JOHN P. WITTEN, AN INDIVIDUAL, ThirdParty Plaintiff, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

STONEHENGE FINANCIAL HOLDINGS, INC., A CORPORATION, ThirdParty Plaintiff, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

BARBIE SPEAR, IN HER INDIVIDUAL CAPACITY, ThirdParty Defendant, represented by EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

KENNETH WANKO, IN HIS INDIVIDUAL CAPACITY, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

ERIC LYNN, IN HIS INDIVIDUAL CAPACITY, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

DAVID B. FENKELL, AN INDIVIDUAL, Cross Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Cross Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

RONALD D. BROOKS, AN INDIVIDUAL, Cross Defendant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

BARRY GOWDY, AN INDIVIDUAL, Cross Defendant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

STONEHENGE FINANCIAL HOLDINGS, INC., A CORPORATION, Cross Defendant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

JOHN P. WITTEN, AN INDIVIDUAL, Cross Defendant, represented by JOHN S. STAPLETON , HANGLEY ARONCHICK SEGAL AND PUDLIN, JOHN S. SUMMERS , HANGLEY ARONCHICK SEGAL & PUDLIN & JONATHAN L. COCHRAN , HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER.

DAVID B. FENKELL, AN INDIVIDUAL, ThirdParty Plaintiff, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

KAREN FENKELL, AN INDIVIDUAL, ThirdParty Plaintiff, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, ThirdParty Plaintiff, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

BARBIE SPEAR, ThirdParty Defendant, represented by EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

KENNETH WANKO, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

ERIC LYNN, IN HIS INDIVIDUAL CAPACITY, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EDWARD JOSEPH MEEHAN , GROOM LAW GROUP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP & WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP.

ALLIANCE HOLDINGS, INC., ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

HIRAM VENTURES, INC., ThirdParty Defendant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

HIRAM COLLEGE, ThirdParty Defendant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

DAVID B. FENKELL, AN INDIVIDUAL, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

KAREN FENKELL, AN INDIVIDUAL, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Counter Claimant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

ALLIANCE HOLDINGS, INC., Counter Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

BARBIE SPEAR, IN HER CAPACITY AS TRUSTEE OF THE ALLIANCE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, Counter Defendant, represented by EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

HIRAM COLLEGE, Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

HIRAM VENTURES, INC., Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

LIANNE SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

PAUL SEFCOVIC, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

KAREN FENKELL, AN INDIVIDUAL, ThirdParty Plaintiff, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DAVID B. FENKELL, AN INDIVIDUAL, ThirdParty Plaintiff, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, ThirdParty Plaintiff, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

BARBIE SPEAR, IN HER INDIVIDUAL CAPACITY, CAPACITY AS A TRUSTEE OF THE ALLIANCE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AND CAPACITY AS AN OFFICER AND A FORMER MEMBER OF THE BOARD OF DIRECTORS OF ALLIANCE HOLDINGS, INC., ThirdParty Defendant, represented by EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

ALLIANCE HOLDINGS, INC., A PENNSYLVANIA CORPORATION, ThirdParty Defendant, represented by CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP, CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

KENNETH WANKO, IN HIS INDIVIDUAL CAPACITY, IN HIS CAPACITY AS A CURRENT MEMBER OF THE BOARD OF DIRECTORS AND AS AN OFFICER OF ALLIANCE HOLDINGS, INC. AND IN HIS CAPACITY AS AN ERISA FIDUCIARY OF THE ALLIANCE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, ThirdParty Defendant, represented by CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP, CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

ERIC LYNN, IN HIS INDIVIDUAL CAPACITY, AND AS AN OFFICER OF ALLIANCE HOLIDINGS AND IN HIS CAPACITY AS AN ERISA FIDUCIARY OF THE ALLIANCE HOLDINGS, INC EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, ThirdParty Defendant, represented by CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

ROBERT MASSENGILL, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS.

RAYMOND KALOUCHE, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS.

LEO POUND, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS.

THOMAS MISTLER, ThirdParty Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS.

HIRAM VENTURES, INC., AN OHIO CORPORATION, ThirdParty Defendant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

HIRAM COLLEGE, AN OHIO CORPORATION FOR NON-PROFIT, ThirdParty Defendant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

STUDENT LOAN MANAGEMENT AND RESEARCH SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC, SCOTT H. RUPORT , RUPORT CO LPA & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

DAVID B. FENKELL, AN INDIVIDUAL, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

LIANNE SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP & DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP.

PAUL SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

ALLIANCE HOLDINGS, INC., Cross Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

STUDENT LOAN MANAGEMENT AND RESEARCH SERVICES, LLC, A LIMITED LIABILITY COMPANY, Counter Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC, SCOTT H. RUPORT , RUPORT CO LPA & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

ALLIANCE HOLDINGS, INC., Counter Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

HIRAM VENTURES, INC., AN OHIO CORPORATION, Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

HIRAM COLLEGE, Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

HIRAM COLLEGE, AN OHIO CORPORATION FOR NON-PROFIT, Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

LIANNE SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP & DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP.

PAUL SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

HIRAM VENTURES, INC., AN OHIO CORPORATION, Counter Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

HIRAM COLLEGE, Counter Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

HIRAM COLLEGE, AN OHIO CORPORATION FOR NON-PROFIT, Counter Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Counter Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DAVID B. FENKELL, AN INDIVIDUAL, Counter Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

KAREN FENKELL, AN INDIVIDUAL, Counter Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

STUDENT LOAN MANAGEMENT AND RESEARCH SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC, SCOTT H. RUPORT , RUPORT CO LPA & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

ALLIANCE HOLDINGS, INC., Cross Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

LIANNE SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

DAVID B. FENKELL, AN INDIVIDUAL, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP & DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP.

KAREN FENKELL, AN INDIVIDUAL, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

PAUL SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

STUDENT LOAN MANAGEMENT AND RESEARCH SERVICES, LLC, A LIMITED LIABILITY COMPANY, Counter Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC, SCOTT H. RUPORT , RUPORT CO LPA & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

ALLIANCE HOLDINGS, INC., Counter Defendant, represented by CHARLES C. JACKSON , MORGAN LEWIS & BOCKIUS, CHRISTOPHER A. WEALS , MORGAN LEWIS BOCKIUS LLP, EMILY A. GLUNZ , MORGAN LEWIS & BOCKIUS LLP, WILLIAM J. DELANY , MORGAN LEWIS AND BOCKIUS LLP, BENJAMIN H. FIELD , MORGAN LEWIS & BOCKIUS LLP & EDWARD JOSEPH MEEHAN , GROOM LAW GROUP.

STUDENT LOAN MANAGEMENT AND RESEARCH SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Claimant, represented by GEORGE C. ZUMBANO , GAWTHROP GREENWOOD PC, SCOTT H. RUPORT , RUPORT CO LPA & JOHN E.D. LARKIN , GAWTHROP GREENWOOD PC.

DBF CONSULTING, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

DAVID B. FENKELL, AN INDIVIDUAL, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON, JOHN C. CANONI , HAWKINS PARNELL THACKSTON YOUNG LLP & ROY F. VIOLA, JR. , HAWKINS PARNELL.

KAREN FENKELL, AN INDIVIDUAL, Cross Defendant, represented by DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP, DEENA M. CRIMALDI , HAWKINS PARNELL THACKSTON & YOUNG LLP, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP, EDWARD M. SLAUGHTER , HAWKINS PARNELL & THACKSTON & ROY F. VIOLA, JR. , HAWKINS PARNELL.

LIANNE SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

PAUL SEFCOVIC, AN INDIVIDUAL, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC & DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP.

STUDENT LOAN ADVISORY MANAGEMENT SERVICES, LLC, A LIMITED LIABILITY COMPANY, Cross Defendant, represented by MAISON C. HEIDELBERG , HEIDELBERG HARMON PLLC, DAVID R. JOHANSON , HAWKINS PARNELL THACKSTON & YOUNG LLP & DOUGLAS A. RUBEL , HAWKINS PARNELL THACKSON & YOUNG LLP.


MEMORANDUM OPINION

The defendant and third-party plaintiff David B. Fenkell has filed a motion seeking reconsideration of part of a previous ruling. Doc. No. 443. The plaintiffs, the Alliance Parties,1 have opposed the motion. Doc. No. 457. Mr. Fenkell filed a reply, Doc...

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