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IN RE NE 40 PARTNERS, LTD. PARTNERSHIP

Bankruptcy No. 09-30478-H4-11. Adversary No. 09-03057.

440 B.R. 124 (2010)

In re NE 40 PARTNERS, LIMITED PARTNERSHIP, Debtor. Airport Boulevard Apartments, Ltd., Plaintiff, v. NE 40 Partners, Limited Partnership, et al., Defendants.

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

November 12, 2010.

Attorney(s) appearing for the Case

Guy Wade Caldwell, Barton East et al., James S. Wilkins, Willis & Wilkins, San Antonio, TX, for Plaintiff.

Harry L. Scarborough, Faubus & Scarborough LLP, Rogena Jan Atkinson, The Law Offices of RJ Atkinson LLC, David Talmage Hedges, Jr., Stacy S. Russell, Kelly Hart & Hallman, LLP, Andrew Hicks, Schiffer Odom et al., Richard L. Fuqua, II, Fuqua & Keim, Houston, TX, Shelton L. Freeman, DeConcini McDonald et al., Scottsdale, AZ, Amy Teresso Patton, DeConcini McDonald et al., Flagstaff, AZ, J. Michael Sutherland, Lisa Marie Lucas, Carrington Coleman et al., Dallas, TX, for Defendants.

MEMORANDUM OPINION RELATING TO GRAHAM MORTGAGE CORPORATION'S MOTION TO DISMISS FOR FAILURE TO STATE A CLAIM OR IN THE ALTERNATIVE FOR A MORE DEFINITE STATEMENT AND BRIEF IN SUPPORT

JEFF BOHM, Bankruptcy Judge.

I. INTRODUCTION

This Memorandum Opinion relates to a motion to dismiss brought by Graham Mortgage Corporation (Graham), a defendant in Adversary Proceeding No. 09-03057 (the Adversary Proceeding). On July 1, 2010, the Chapter 7 trustee (the...

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