Order Granting Dismissal of Chapter 7 Bankruptcy Case for Atomic Paintball, Inc.

Summary

This court order, issued by the U.S. Bankruptcy Court for the Northern District of Texas, dismisses the Chapter 7 bankruptcy case of Atomic Paintball, Inc. The dismissal is granted following a settlement agreement among the parties, which remains enforceable even after the case is dismissed. The court retains jurisdiction to reopen the case if necessary, and approves payment of $5,000 in attorneys' fees to the Seidel Law Firm. The dismissal is without prejudice, meaning the case could be refiled in the future if needed.

EX-10.1 2 ex10-1.txt EXHIBIT 10.1 U.S. BANKRUPTCY COURT NORTHERN DISTRICT OF TEXAS E N T E R E D TAWANA C. MARSHALL, CLERK THE DATE OF ENTRY IS ON THE DOCKET The following constitutes the ruling of the court and has the force and effect therein described. /s/ Stacey G.C. Jernigan -------------------------------- Signed January 21, 2010 United States Bankruptcy Judge - -------------------------------------------------------------------------------- IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION IN RE: ss. ss. CASE NO. 09-34008-SGJ7 ATOMIC PAINTBALL, INC. ss. ss. DEBTOR. ss. Chapter 7 ORDER GRANTING DISMISSAL OF CHAPTER 7 CASE ------------------------------------------ CAME ON FOR CONSIDERATION, the Motion of J.H. Brech, LLC et al. to Dismiss Chapter 7 Case (Docket No. 32). In light of the intervening Order Granting Unopposed Amended Motion Pursuant toss.ss.105, 501, and 502 and Fed. R. Bankr. P. 9019 for Order Approving Settlement (the "9019 Order,") Docket No. 39) granting that Unopposed Amended Motion Pursuant toss.ss.105, 501, and 502 and Fed. R. Bankr. P. 9019 for Order Approving Settlement (the "Amended 9019 Motion," Docket No. 37) and the agreements of the parties reflected in such Amended 9019 Motion, it is: ORDERED, ADJUDGED AND DECREED that the Motion to Dismiss Chapter 7 Case is hereby GRANTED subject to the following provisions; it is further Order -- Page 1 ORDERED that, notwithstanding 11 U.S.C.ss. 349(a) or (b) and for cause, the above-referenced Amended 9019 Motion (Docket No. 37) and the 9019 Order (Docket No. 39) shall expressly survive dismissal and remain enforceable by this or any other Court of competent jurisdiction notwithstanding such dismissal; and it is further ORDERED that, notwithstanding dismissal of the Chapter 7 case, this Court shall and does hereby retain jurisdiction to reopen the Chapter 7 case as described in the Amended 9019 Motion (Docket #37), including without limitation paragraph 13(o) thereof; and it is further ORDERED that the attorneys' fees of the Seidel Law Firm of $5,000 and payment thereof, as referenced in the Amended 9019 Motion (Docket No. 37), are hereby approved for all purposes; and it is further ORDERED that this Order shall be effective immediately upon entry, and any stay otherwise imposed by the Federal Rules of Bankruptcy Procedure shall not apply; and it is further ORDERED that, subject to the foregoing, this Chapter 7 case is hereby DISMISSED without prejudice. AGREED: /s/ Scott M. Seidel - --------------------------------------------------- Scott M. Seidel Scott M. Seidel, Chapter 7 Trustee SEIDEL LAW FIRM #357 Suite ###-###-#### West Park Boulevard Plano, Texas 75093 Telephone: (214) 234-2500 Counsel for Trustee Order -- Page 2 - - and by - /s/Alex More - --------------------------------------------------- Monica W. Latin State Bar No. 00787881 ***@*** Todd A. Murray State Bar No. 00794350 ***@*** J. Michael Sutherland State Bar No. 19524200 ***@*** Alexander More State Bar No. 24065789 ***@*** CARRINGTON, COLEMAN, SLOMAN & BLUMENTHAL, L.L.P. 901 Main Street, Suite 5500 Dallas, Texas 75202 Telephone: 214 ###-###-#### Facsimile: 214 ###-###-#### Attorneys for Creditor David Cutler - - and by - SESSIONS, FISHMAN, NATHAN & ISRAEL, L.L.P. /s/ David Clouston - --------------------------------------------------- David Clouston, State Bar No. 00787523 900 Jackson St. Suite 440 Dallas, TX 75202 Ph: 214 ###-###-#### Fax: 214 ###-###-#### ***@*** Order -- Page 3 - - and by - ONSAGER, STAELIN & GUYERSON, LLC /s/Christian C. Onsager - --------------------------------------------------- Christian C. Onsager, CBN 6889 1873 S. Bellaire St., Suite 1401 Denver, Colorado 80222 Ph: (303) 512-1123 Fax: (303) 512-1129 ***@*** Attorneys for the Brech Parties # # # END OR ORDER # # # Order -- Page 4 Form ntcdsm UNITED STATE BANKRUPTCY COURT Northern District of Texas - -------------------------------------------------------------------------------- Case No.: 09-34008-sgj7 Chapter: 7 In Re: Debtor(s) (name(s) used by the debtor(s) in the last 8 years, including married, maiden, trade, and address): Atomic Paintball, Inc. 2460 West 26th Avenue Suite 380-C Denver, CO 80211 Social Security / Individual Taxpayer ID No.: Employer Tax ID / Other nos.: 75 ###-###-#### - -------------------------------------------------------------------------------- NOTICE OF DISMISSAL You are hereby notified that an Order Dismissing the above case was entered on 1/22/10. Dated: 1/22/10 Tawana C. Marshall Clerk, U.S. Bankruptcy Court By: B Zisk Deputy Clerk Form ntcdsm UNITED STATE BANKRUPTCY COURT Northern District of Texas - -------------------------------------------------------------------------------- Case No.: 09-34008-sgj7 Chapter: 7 In Re: Debtor(s) (name(s) used by the debtor(s) in the last 8 years, including married, maiden, trade, and address): Atomic Paintball, Inc. 2460 West 26th Avenue Suite 380-C Denver, CO 80211 Social Security / Individual Taxpayer ID No.: Employer Tax ID / Other nos.: 75 ###-###-#### - -------------------------------------------------------------------------------- NOTICE OF DISMISSAL You are hereby notified that an Order Dismissing the above case was entered on 1/22/10. Dated: 1/22/10 Tawana C. Marshall Clerk, U.S. Bankruptcy Court By: B Zisk Deputy Clerk