MATTER OF TEXAS EXTRUSION CORP.

Nos. 84-1326, 84-1387, 87-1075, 84-1449, 87-1077, 87-1074 and 87-1076.

844 F.2d 1142 (1988)

In the Matter of TEXAS EXTRUSION CORP., Debtor. TEXAS EXTRUSION CORP., Plaintiff-Appellant, v. LOCKHEED CORP., and Lockheed Finance Corp., et al., Defendants-Appellees. In the Matter of Richard W. PICKENS, Debtor. Richard W. PICKENS, et al., d/b/a Gold Sun Aluminum, Inc., Plaintiffs-Appellants, v. LOCKHEED CORP., Daniel C. Stewart, Trustee of Texas Extrusion Corp. & Disbursing Agent, the Official Creditors Committee of Texas Extrusion Corp., Lockheed Finance Corp., and Lockheed California Co., et al., Defendants-Appellees. In the Matter of PICKENS INDUSTRIES, INC., Debtor. PICKENS INDUSTRIES, INC., Plaintiff-Appellant, v. LOCKHEED CORPORATION, et al., Defendants-Appellees. In the Matter of Louise PICKENS, Debtor. Louise PICKENS d/b/a Gold Sun Aluminum, Inc., Plaintiff-Appellant, v. LOCKHEED CORPORATION, et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied June 7, 1988.


Attorney(s) appearing for the Case

Emil Lippe, Jr., Edward A. Galloway, Michael D. Mosher, Lippe & Lay, Dallas, Tex., for plaintiffs-appellants in Nos. 84-1326, 84-1387 and 84-1449.

Emil Lippe, Jr., Lippe & Associates, Dallas, Tex., for plaintiffs-appellants in Nos. 87-1074 to 87-1077.

James B. Harris, Sam P. Burford, Debra D. McCullough, Thompson & Knight, Dallas, Tex., for Lockheed, et al.

Stephen A. McCartin, Gardere & Wynn, Dallas, Tex., for official creditors.

David W. Elmquist, Daniel C. Stewart, Winstead, McGuire, Sechrist & Minick, Dallas, Tex., for trustee in Nos. 84-1326, 84-1387 and 84-1449.

Davis W. Elmquist, Winstead, McGuire, Sechrist & Minick, Dallas, Tex., for trustee in Nos. 87-1074 to 87-1077.

Before WILLIAMS and HIGGINBOTHAM, Circuit Judges, and SANDERS, District Judge.


JERRE S. WILLIAMS, Circuit Judge:

This case involves the consolidated appeals of the confirmation of a joint plan of reorganization by the four debtors subject to the plan. The four debtors also raise numerous ancillary matters in their various appeals. We affirm.

I. Factual Background and Prior Proceedings

Texas Extrusion Corporation was a manufacturer of hard alloy aluminum extrusions commonly used in aircraft frames. Richard and Louise...

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