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IN RE DEXTERITY SURGICAL, INC.

No. 04-35817.

365 B.R. 690 (2007)

In re DEXTERITY SURGICAL, INC.; fka LifeQuest Medical, Inc., Debtors.

United States Bankruptcy Court, S.D. Texas, Houston Division.

March 15, 2007.

Attorney(s) appearing for the Case

Andrew I. Silfen, Schuyler G. Carroll, Arent Fox PLLC, New York, NY, Barnet B. Skelton, Jr., Attorney at Law, Houston, TX, for Debtors/Creditor Committee, Official Committee of Unsecured Creditors.

Johnathan Christiaan Bolton, Robert Andrew Black, Fulbright & Jaworski L.L.P., Houston, TX, Steve Arthur Peirce, Fulbright & Jaworski, San Antonio, TX, for Debtors.

Stephen Douglas Statham, US Trustee, Houston, TX, for U.S. Trustee.

MEMORANDUM OPINION

MARVIN ISGUR, Bankruptcy Judge.

On April 29, 2002, Dexterity Surgical Inc. ("Dexterity"), Teleflex Inc. ("Teleflex"), and several board members and officers of Dexterity ("individual defendants") were sued in the 166th Judicial District Court of Bexar County, Texas, by Dexterity's minority shareholders. A Second Amended Complaint was filed on December 11, 2003. Dexterity is a public company...

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