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IN RE SI RESTRUCTURING INC.

No. 11-51106.

714 F.3d 860 (2013)

In the Matter of SI RESTRUCTURING INCORPORATED, Debtor. John C. Wooley; Jeffrey J. Wooley, Appellants v. Haynes & Boone, L.L.P.; Sam Coats; Pike Powers; John Sharp; Sarah Weddington; Gary M. Cadenhead, Appellees.

United States Court of Appeals, Fifth Circuit.

April 18, 2013.

Attorney(s) appearing for the Case

John C. Wooley, New Braunfels, TX, pro se.

Jeffrey J. Wooley, New Braunfels, TX, pro se.

William Alan Wright, Esq. , Scott William Everett (argued), Autumn Dawn Highsmith , Haynes & Boone, L.L.P., Dallas, TX, Raymond W. Battaglia , Strasburger Price Oppenheimer Blend, San Antonio, TX, Charles Alfred Mackenzie (argued), Esq. , Law Office of C. Alfred Mackenzie, Shad Robinson , Haley & Olson, P.C., Waco, TX, for appellee.

Before WIENER, CLEMENT, and PRADO, Circuit Judges.

EDWARD C. PRADO, Circuit Judge:

John C. Wooley and Jeffrey J. Wooley appeal the denial of their motion to pursue post-confirmation causes of action on behalf of a reorganized debtor. Because the Wooleys lack standing to pursue the actions, we AFFIRM.

Background

In August 2004, SI Restructuring, Inc. (f/k/a Schlotzsky's Inc.) and certain affiliates (the "Debtors") filed for Chapter 11 bankruptcy protection. The Debtors retained Haynes and Boone, L...

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