Motion for Summary Judgment Gets Granted –
Client Received 4 Million Dollar Nondischargeable Judgment in Bankruptcy Court

Mr. Flores and Mr. Schurr were able to obtain a victorious nondischargeable judgment for their client, Red Oak MOB Partnership, LTD., March 10, 2006, in the United States Bankruptcy Court for the Southern District of Texas, Houston Division. The subject matter of the March lawsuit arose out of a previous judgment that Mr. Flores obtained against James E. Floyd, in the Dallas County District Court. The determination in that case was in favor of Scheef & Stone’s client, resulting in the principal sum of $2, 078,855.00 plus prejudgment interest in the amount of $166,536.85 plus exemplary damages in the sum of $2,000,000 plus post judgment interest at the rate of five percent per year from the date of the judgment. Mr. Floyd subsequently filed for protection under the Chapter 11 of the Bankruptcy Code, which was later converted to a Chapter 7 case, on August 3, 2005. The Scheef and Stone attorneys filed a complaint to determine the dischargeability of the Judgment in October of 2005, and a motion for summary judgment based on the finality of the Judgment pursuant to the Rocker-Feldman doctrine, resulting in their client, Red Oak MOB Partnership, LTD., obtaining the nondis-chargeable judgment. March 10th may have been an ordinary day for most of us, but for Mr. Flores and Mr. Schurr, it was a final victory for their client, when the Court granted the motion for summary judgment, awarding their client a $4 million dollar Judgment that was nondischargeable pursuant to the Bankruptcy Code. Throughout the process, both Mr. Flores and Mr. Schurr persevered until they did everything in their power to accomplish their client’s objective.