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IN RE PACE

Bankruptcy No. 07-52081. Adversary No. 09-05080.

456 B.R. 253 (2011)

In re Ronnie J. PACE, Debtor. Randolph N. Osherow, Plaintiff, v. Nelson Hensley & Consolidated Fund Management, L.L.C., Defendant.

United States Bankruptcy Court, W.D. Texas, San Antonio Division.

May 16, 2011.

Attorney(s) appearing for the Case

Carol E. Jendrzey , Cox Smith Matthews Incorporated, San Antonio, TX, for Plaintiff.

Martin Warren Seidler , San Antonio, TX, for Defendant.

Patrick L. Huffstickler , Cox Smith Matthews Incorporated, San Antonio, TX, for Plaintiff and Defendant.

MEMORANDUM DECISION ON COMPLAINT

LEIF M. CLARK, Bankruptcy Judge.

Factual Background

The Debtor ("Ronnie Pace" or "Pace") filed for chapter 7 on August 15, 2007. His wholly-owned company, Chaparral Resources, Inc. ("Chaparral") had previously filed for chapter 11 in November, 2006. That case was later dismissed. Pursuant to a Default Judgment entered by this court on December 13, 2007, the assets of Chaparral are subject to the administration of...

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