1. Home
  2. Browse Decisions
  3. F.3d
  4. 564 F.3d
  5. 564 F.3d 386 (2009)
 

MULLINS v. TESTAMERICA, INC.

No. 08-11224.

564 F.3d 386 (2009)

Billy J. MULLINS, Jr.; Faraway Enterprises, Plaintiffs-Appellees-Cross-Appellants, v. TESTAMERICA, INC.; Sagaponack Partners LP, Defendants-Appellants-Cross-Appellees.

United States Court of Appeals, Fifth Circuit.

March 30, 2009.

Attorney(s) appearing for the Case

J. Stephen Hunnicutt, Hunnicutt Law Firm, Dallas, TX, for Faraway Enterprises, Mullins.

Gregory Scott Coleman, Marc S. Tabolsky, Yetter, Warden & Coleman LLP, Michael P. Lynn, Lynn, Tillotson, Pinker & Cox, LLP, Dallas, TX, for TestAmerica, Inc., Sagaponack Partners, LP.

Before KING, HIGGINBOTHAM, and WIENER, Circuit Judges.

KING, Circuit Judge:

In 1998, Plaintiff Billy Mullins sold all the assets of his company to Defendant TestAmerica, Inc. in exchange for cash and an unsecured promissory note payable to Mullins's company, renamed Faraway Enterprises. TestAmerica's obligation to pay the note was subordinated and subject to the prior payment in full of all of TestAmerica's "debt facilities." TestAmerica fell on hard times, winding up with approximately $50 million in debt. In 2003, TestAmerica...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases