KING, Chief Judge:
Appellants Joseph Zer-Ilan and Ideal Systems, Inc. appeal from the district court's dismissal of their bankruptcy appeal. Because we find that the district court abused its discretion, we reverse the district court's judgment and reinstate the appeal.
I. FACTUAL AND PROCEDURAL BACKGROUND
CPDC, Inc. ("CPDC") is a Texas corporation. In May 1995, CPDC filed for Chapter 11 protection in the United States Bankruptcy Court for the Southern...
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