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IN RE PERRY

No. 08-32362-H4-11.

404 B.R. 196 (2009)

In re Will Clay PERRY, Debtor.

United States Bankruptcy Court, S.D. Texas, Houston Division.

April 21, 2009.

Attorney(s) appearing for the Case

John Wesley Wauson, Matthew Brian Probus, Wauson & Probus, Sugar Land, TX, Ray J. Black, Jr., Law Offices of Ray J. Black Jr., Houston, TX, for Debtor.

Stephen Douglas Statham, Office of U.S. Trustee, Houston, TX, for U.S. Trustee.

MEMORANDUM OPINION REGARDING DEBTOR'S OBJECTIONS TO PROOFS OF CLAIM NUMBER 38, 39, AND 40

JEFF BOHM, Bankruptcy Judge.

I. INTRODUCTION

Sour grapes and hindsight do not a lawsuit make. Three investors have filed proofs of claim in this Chapter 11 case alleging that they were induced to purchase class B shares in a limited partnership by way of a prospectus that contains omissions of material fact in violation of the Texas Securities Act. The investors...

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