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MATTER OF JASIK

No. 83-1896.

727 F.2d 1379 (1984)

In the Matter of Leo A. JASIK and Emma L. Jasik, and L.J. Bar Ranches, Inc., Debtors. Leo A. JASIK and Emma L. Jasik and L.J. Bar Ranches, Inc., Plaintiffs-Appellants, v. C.S. CONRAD, Jr., Chapter 11 Trustee, et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing and Rehearing Denied April 11, 1984.

Attorney(s) appearing for the Case

Bruce Waitz, Fay Cliett Gillham, San Antonio, Tex., for plaintiffs-appellants.

Joe Warren Jones, San Antonio, Tex., for Chapter 11 Trustee.

Claiborne B. Gregory, Jr., San Antonio, Tex., for Unsecured Creditors Comm.

Larry G. Franceski, Houston, Tex., for amicus curiae San Antonio Bank & Trust.

Before CLARK, Chief Judge, BROWN and HIGGINBOTHAM, Circuit Judges.

Rehearing and Rehearing En Banc Denied April 11, 1984.

CLARK, Chief Judge:

The farmer-debtors in this voluntary Chapter 11 bankruptcy proceeding appeal orders of the bankruptcy court authorizing the sale at public auction of their cattle and personal property pursuant to a reorganization plan. This court granted a temporary stay of the sale. At the conclusion of oral arguments, we vacated the stay order. This opinion sets forth our reasons for this action...

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