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IN RE HERITAGE ORGANIZATION, L.L.C.

No. 04-35574-BJH-11.

375 B.R. 230 (2007)

In re The HERITAGE ORGANIZATION, L.L.C., Debtor.

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

August 31, 2007.

Attorney(s) appearing for the Case

David William Parham, Laurie Dahl Babich, Baker & McKenzie, LLP, Dallas, TX, for Debtor.

E. Lee Morris, Deborah M. Perry, Munsch Hardt Kopf & Harr, P.C., Dallas, TX, for trustee.

John P. Melko, James G. Munisteri, Gardere Wynne Sewell LLP, Houston, TX, for Jenkins Claimants.

Michael J. Gearin, Holly A. Harris, Kirkpatrick & Lockhart Preston Gates Ellis LLP, Seattle, WA, for Skinner Claimants.

Robin E. Phelan, Scott W. Everett, Haynes & Boone, LLP, Dallas, TX, John C. Bjorkman, Kirkpatrick & Lockhart Preston Gates Ellis LLP, Seattle, WA, for Sandwith Claimants and Mikron Industries, Inc.,

Lawrence R. Elleman, Dinsmore & Shohl LLP, Cincinnati, OH, for Luther Ross Love, Jr.

Jay A. Brandt, Jay A. Brandt, P.C., Dallas, TX, for Rainwater, Fluharty, Troutt, Powell, Woodruff and Patterson Claimants.

John P. Lewis, Jr., Dallas, TX, for W. Ralph Canada, Jr.

Frank A. Merola, Narhan A. Schultz, Stutman, Treister & Glatt, P.C., Los Angeles, CA, Jeffrey M. Tillotson, John D. Volney, Lynn Tillotson & Pinker, LLP, Dallas, TX, for Gary M. Kornman, Michael M. Kornman and GMK Family Holdings, LLC.

MEMORANDUM OPINION

BARBARA J. HOUSER, Bankruptcy Judge.

Before the Court is confirmation of the Second Amended Joint Plan of Liquidation (the "Second Amended Plan") filed by Dennis Faulkner, as Chapter 11 trustee of The Heritage Organization, L.L.C. (the "Trustee") and the Client Claimants (as defined hereinafter) (collectively, the "Plan Proponents"). Gary M. Kornman ("Kornman") and GMK Family Holdings, LLC ("GMK") (collectively, the "Kornman Parties...

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