In re The VILLAS AT HACIENDA DEL SOL, INC., Debtor.
United States Bankruptcy Court, D. Arizona.https://leagle.com/images/logo.png
March 15, 2007.
March 15, 2007.
Attorney(s) appearing for the Case
Raul Abad, Gust Rosenfeld, PLC, Phoenix, AZ, for JFN Mechanical, Inc.
John A. Baade, Jeanette M. Boulet, Scott H. Gan, Mesch Clark & Rothschild PC, Rob Charles, Lewis and Roca LLP, Nancy J. March, Deconcini McDonald Yetwin & Lacy, P.C., Rutheanne Miller, Pima County Attorney, William N. Poorten, III, Snell & Wilmer, LLP, Robert J. St. Clair, Freeman & St. Clair, PLLC, Elizabeth A. Wilson, U.S. Attorney's Office, Walter F. Wood, Tucson, AZ, Thomas F. Hickey, Keller & Hickey, PC, Tempe, AZ, Robert R. Kinas, Snell & Wilmer, Las Vegas, NV, David L. O'Daniel, Anderson Brody Buchalter Nemer, Phoenix, AZ, Philip R. Rudd, Kutak Rock, Scottsdale, AZ, for Creditors.
Steven M. Cox, Waterfall Economidis Caldwell et al., Tucson, AZ, for River Elks, LLC.
Timothy D. Ducar, Dodge, Anderson, et al., for Ron's Concrete. Construction, Inc.
John J. Hebert, Hebert Schenk P.C., Phoenix, AZ, for Paragon Mortgage Corporation.
Kevin M. Kasarjian, Holden Brodman, PLC, Phoenix, AZ, for Banker Insulation.
Philip G. Mitchell, Jennings, Haug & Cunningham, L.L.P., Phoenix, AZ, for Ohio Casualty Insurance Company.
Russell E. Krone, Thompson Krone, PLC, Matthew R.K. Waterman, Snell & Wilmer L.L.P., Tucson, AZ, for Debtor.
Michael. W. McGrath, Mesch Clark & Rothschild, Tucson, AZ, for Broker.
Christopher J. Pattock, Office of the U.S. Trustee, Phoenix, AZ, U.S. Trustee.
John J. Standifer, Jr., Law Offices of John J. Standifer, Jr., Tucson, AZ, for Joseph H. Watson.
United States Bankruptcy Court, D. Arizona.
MEMORANDUM DECISION
EILEEN W. HOLLOWELL, Bankruptcy Judge.
I. INTRODUCTION
This is the rare case where a liquidated Chapter 11 estate has sufficient funds to make a distribution to equity. What that distribution should be is at the center of a dispute among the shareholders. Two of the shareholders and an entity they control have been paid as creditors. The remaining shareholder has objected...
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