IN RE AVADO BRANDS, INC.

Bankruptcy No. 04-31555HDH-11. Adversary No. 05-3823.

358 B.R. 868 (2006)

In re AVADO BRANDS, INC., f/k/a Apple South, Inc., et al., debtors. William Kaye, Trustee of Avado Brands, Inc. Litigation Trust, Plaintiff, v. Thomas E. Dupree, Jr., Louis J. Profumo, Margaret E. Waldrep, Erich J. Booth, Jerome A. Atkinson, William V. Lapham, Emilio Alverez-Recio and Robert Sroka, Defendants.

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

December 28, 2006.


Attorney(s) appearing for the Case

John P. Freeman, McCutchen Blanton Johnson & Barnette, LLP, Columbia, SC, Gilreath Law Firm, P.A, James R. Gilreath, Gravessieffert, PA, Jennings L. Graves, Jr., Greenville, SC, Patrick L. Huffstickler, Carol E. Jendrzey, Cox & Smith, San Antonio, TX, John L. Latham, Atlanta, GA, Timothy P. Olson, Skadden, Arps, Slate, et al, Chicago, IL, Thomas Rice, Deborah D. Williamson, Cox & Smith Incorporated, San Antonio, TX; for Debtor.

E. Lee. Morris, Deborah Perry, Munsch Hardt Kopf & Harr, P.C., Dallas, TX, Andrea Pincus, Stanley A. Bowker, Anderson Kill & Olick, P.C., New York City, for Plaintiff.

Jeffrey R. Fine, Thomas W. Paxton, Hughes & Luce, LLP, Dallas, TX, for Thomas E. DuPree, Jr.

John D. Despriet, Laura E. Woods, Rachel D. King, Smith, Gambrell & Russell, LLP, Atlanta, GA, Michael L. Jones, Henry & Jones, Dallas, TX, for Louis J. Profumo.

Michelle A. Mendez, Jenkens & Gilchrist, Dallas, TX, for Margaret E. Waldrep.

Michael L. Scanlon, Kane, Russell, Coleman & Logan, P.C., Dallas, TX, for Erich J. Booth.

Michael L. Jones, Henry & Jones, Dallas, TX, for Jerome A. Atkinson, William V. Lapham, Emilio. Alvarez-Recio, and Robert Sroka.


MEMORANDUM OPINION ON MOTIONS TO DISMISS AND MOTION FOR SUMMARY JUDGMENT

HARLIN DEWAYNE HALE, Bankruptcy Judge.

In the instant adversary, proceeding, William Kaye, Trustee of the Avado Brands, Inc. Litigation Trust ("Trustee") has filed a Complaint against several of the former officers and directors of the Debtors ("Complaint"). In his Complaint, the Trustee refers to the Defendants who were members of the board of directors, other than Thomas E...

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