Opinion
CASE NO. 10-50501-CAG
08-31-2016
In re: AGE REFINING, INC., Debtor.
SUBMITTED BY: DAVID S. GRAGG Texas Bar No. 08253300 SARA MURRAY Texas Bar No. 14729400 NATALIE F. WILSON Texas Bar No. 24076779 LANGLEY & BANACK, INCORPORATED 745 East Mulberry, Suite 900 San Antonio, TX 78212-3166 Telephone: (210)-736-6600 Fax: (210) 735-6889 E-mail: dgragg@langleybanack.com COUNSEL TO THE LIQUIDATING TRUSTEE
IT IS HEREBY ADJUDGED and DECREED that the below described is SO ORDERED.
CHAPTER 11 CASE
MEMORANDUM OF INDICATIVE RULING REGARDING "JOINT MOTION UNDER BANKRUPTCY RULE 9019 TO APPROVE SETTLEMENT AGREEMENT REGARDING APPLICATIONS FOR COMPENSATION FILED BY MARTIN & DROUGHT, P.C. AS COUNSEL FOR THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS"
[Relates to Docket No. 2042]
CAME ON, for hearing, the Joint Motion for Indicative Ruling Pursuant to Bankruptcy Rule 8008 ("Joint Motion for Indicative Ruling") [Doc. No. 2042] filed by the Liquidating Trustee Randolph N. Osherow ("Trustee") and Martin & Drought, P.C. as Counsel for the Official Committee of Unsecured Creditors ("M&D") (collectively, "Movants") regarding their "Joint Motion Under Bankruptcy Rule 9019 to Approve Settlement Agreement Regarding Applications for Compensation Filed by Martin & Drought, P.C. as Counsel for the Official Committee of Unsecured Creditors." The Court—having considered the Joint Motion for Indicative Ruling, Chase Capital Corporation's limited objection thereto [Doc. 2046], and the arguments of counsel—hereby indicates for the record, pursuant to FED. R. BANKR. P. 8008(a)(3), that if the District Court were to remand Case No. 5:16-cv-00801-FB for the limited purpose of re-vesting this Court with jurisdiction to consider and rule on the Movants' "Joint Motion Under Bankruptcy Rule 9019 to Approve Settlement Agreement Regarding Applications for Compensation Filed by Martin & Drought, P.C. as Counsel for the Official Committee of Unsecured Creditors" ("Joint Motion Under Bankruptcy Rule 9019"), the Court would be inclined to grant the Joint Motion Under Bankruptcy Rule 9019. Dated: August 31, 2016.
/s/ _________
CRAIG A. GARGOTTA
UNITED STATES BANKRUPTCY JUDGE
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SUBMITTED BY: DAVID S. GRAGG
Texas Bar No. 08253300
SARA MURRAY
Texas Bar No. 14729400
NATALIE F. WILSON
Texas Bar No. 24076779
LANGLEY & BANACK, INCORPORATED
745 East Mulberry, Suite 900
San Antonio, TX 78212-3166
Telephone: (210)-736-6600
Fax: (210) 735-6889
E-mail: dgragg@langleybanack.com