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IN RE KEVCO, INC.

No. 01-40783-BJH-11. Adversary No. 03-4181-BJH.

309 B.R. 458 (2004)

In re KEVCO, INC. et al., Debtor. Pam Capital Funding, L.P., ML CBO IV (Cayman), Ltd., Highland Legacy Ltd., Pamco Cayman Limited, and Prospect Street High Income Portfolio, Inc., Plaintiffs, v. New NGC, Inc., BBC Distribution, LLC, Daniel R. Hardin, Dale Ledbetter, and Banks Corporation, Defendants.

United States Bankruptcy Court, N.D. Texas, Fort Worth Division.

March 15, 2004.

Attorney(s) appearing for the Case

Kim M. Carpenter, Gardere, Wynne, Sewell LLp, Dallas, Tx, Michael P. Cooley, Gardere, Wynne & Sewell, Dallas, TX, R. Steven DeGeorge, Robinson, Bradshaw & Hinson, Charlotte, NC, Jonne Earley, Gardere Wynne Sewell, LLp, Dallas, TX, Paul J. Peralta, Baker & Daniels, South Bend, IN, for Defendants.

Jamie R. Welton, Lackey Hershman L.L.P., Dallas, TX, for Plaintiffs.

MEMORANDUM OPINION

BARBARA J. HOUSER, Bankruptcy Judge.

Before the Court is the plaintiffs' motion asking the Court to either remand, or abstain from hearing, this adversary proceeding (the "Motion"). The plaintiffs are Pam Capital Funding, L.P.; ML CBO IV (Cayman), Ltd.; Highland Legacy Ltd.; PamCo Cayman Limited; and Prospect Street High Income Portfolio, Inc. (collectively, "Plaintiffs"). The Plaintiffs are holders of bonds issued by Kevco, Inc...

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