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IN RE IFS FINANCIAL CORP.

No. 10-20670.

669 F.3d 255 (2012)

In the Matter of IFS FINANCIAL CORPORATION, Debtor. Guillermo De La Pena Stettner; Mario Valverde Garces; Luis De La Pena; Margarita Isabel De La Pena Stettner; Maria Cristina De La Pena; Maria Paz De La Pena, Appellants, v. W. Steve Smith, Trustee, Appellee. In the Matter of IFS Financial Corporation, Debtor. W. Steve Smith, Appellee, v. Guillermo De La Pena Stettner, Appellant. In the Matter of IFS Financial Corporation, Debtor. W. Steve Smith, Appellee, v. Mario Valverde Garces, Appellant. In the Matter of IFS Financial Corporation, Debtor. W. Steve Smith, Trustee, Appellee, v. Luis De La Pena; Margarita Isabel De La Pena Stettner; Maria Cristina De La Pena; Maria Paz De La Pena, Appellants.

United States Court of Appeals, Fifth Circuit.

January 27, 2012.

Attorney(s) appearing for the Case

Michael Gene Colvard (argued), Martin & Drought, P.C., San Antonio, TX, for appellants.

Blanche D. Smith (argued), W. Steve Smith (argued), McFall, Breitbeil & Shults, P.C., Houston, TX, for appellee.

Before GARZA, CLEMENT and SOUTHWICK, Circuit Judges.

EMILIO M. GARZA, Circuit Judge:

In this bankruptcy appeal, Guillermo de la Pena Stettner, Mario Valverde Garces, Luis de la Pena, Margarita Isabel de la Pena Stettner, Maria Cristina de la Pena, and Maria Paz de la Pena (together, "Appellants") appeal the district court's affirmance of the bankruptcy court judgment of over $3 million in favor of Appellee W. Steve Smith ("Smith"), trustee of IFS Financial Corporation's ("IFS") estate. Their appeal centers on the district...

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