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IN RE OMNI VIDEO, INC.

Bankruptcy No. 593-50473-7. Adv. No. 593-5059.

165 B.R. 22 (1994)

In re OMNI VIDEO, INC., Debtor. Floyd B. HOLDER, Jr., Trustee of Omni Video, Inc., Plaintiff, v. GERANT INDUSTRIES, INC. a/k/a L.A. Entertainment, Inc., et al., Defendants.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

March 11, 1994.

Attorney(s) appearing for the Case

Floyd D. Holder, Jr., Law Firm of Floyd Holder, Lubbock, TX, Trustee-in-Bankruptcy.

R. Byrn Bass, Jr., Harding, Bass, Fargason, Booth & Calfin, Lubbock, TX.

Patrick L. Hughes, Verner, Liipfert, Bernhard, McPherson & Hand, Chtd., Houston, TX.

Elizabeth Healey Kilbride, Vickery, Kilbride, Gilmore & Vickery, P.C., Houston, TX, for Randall C. Bartnett and Pioneer Communications Corp.

Robert L. Jones, Crenshaw, Dupree & Milam, L.L.P., Lubbock, TX, for Gerant Industries, Inc., Turbo, Inc., Greater Indem. & Cas. Ins. Co., Ltd., Daniel Lezak and Enviro Trading Co., Inc.

Tommy J. Swann, McCleskey, Harriger, Brazill & Graf, L.L.P., Lubbock, TX, for California Equity Inv. Trust, Sherman Mazur, Adele Kaplan, Holmby Capital Partners, L.P., Ruzam Holdings, Inc. and Jonathan Bernard.

Seymour Roberts, Jr., Simon, Anisman, Doby & Wilson, Fort Worth, TX, for Elaine Greenberg Melnyk.

James E. (Jim) Joplin, Carr, Fouts, Hunt, Craig, Terrill & Wolfe, L.L.P., Lubbock, TX, for OTR/California Stock Transfer and George Houston.

MEMORANDUM OF OPINION ON MOTION TO RECONSIDER JUDGMENT

JOHN C. AKARD, Bankruptcy Judge.

Several Defendants moved the court to reconsider its entry of a judgment against them. Finding that the judgment resulted from a settlement announced in open court, the court denies the motions for reconsideration.1

FACTS

On April 19, 1993, Floyd D. Holder, Jr., the Trustee-in-Bankruptcy for Omni Video, Inc. (Trustee), filed...

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