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IN RE C-POWER PRODUCTS, INC.

Bankruptcy No. 396-39068-SAF-11, Adversary No. 398-3677.

230 B.R. 800 (1998)

In re C-POWER PRODUCTS, INC., Debtor. Newport Acquisition Co. No. 1, L.L.C., Crossroads Capital Partners, L.L.C., and C-Power Products, Plaintiffs, v. Richard B. Schiro, Defendant.

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

December 1, 1998.

Attorney(s) appearing for the Case

John P. Lewis, Jr., Dallas, TX, for plaintiffs.

Brenda Cubbage, Butler & Binion, Dallas, TX, for defendant.

MEMORANDUM OPINION AND ORDER

STEVEN A. FELSENTHAL, Bankruptcy Judge.

Richard B. Schiro, the defendant, moves the court to dismiss the complaint filed by Newport Acquisition Company No. 1, L.L.C., and Crossroads Capital Partners, L.L.C., but not C-Power Products, Inc., for lack of standing. Newport and Crossroads oppose the motion. The court conducted a hearing on the motion on November 5, 1998.

Schiro moves for dismissal pursuant to Rule 12...

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