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IN RE CHUZA OIL CO.

BAP No. NM-21-029 Bankr. No. 18-11836 Adv. No. 20-01008.

639 B.R. 586 (2022)

IN RE CHUZA OIL COMPANY, Debtor. Philip J. Montoya, Chapter 7 Trustee, Plaintiff-Appellant, v. Paula Goldstein, Bobby Goldstein Productions, Inc., and Robert "Bobby" Goldstein, Defendants-Appellees.

United States Bankruptcy Appellate Panel of the Tenth Circuit.

Filed May 27, 2022.

Attorney(s) appearing for the Case

Daniel White of Askew & White, LLC, Albuquerque, New Mexico, for the Appellant.

Clifford C. Gramer Jr. , Albuquerque, New Mexico, for the Appellees.

Before ROMERO, Chief Judge, HALL, and ROSANIA, Bankruptcy Judges.

OPINION

The Debtor was an unprofitable petroleum production company that twice landed in bankruptcy. The confirmed chapter 11 plan in its first case required the Debtor to pay all general unsecured creditors in full before paying an insider note obligation. The Defendants...

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