Baxsto, LLC, IFTK Holdings, LLC, Ashley Baxter Stout and John Cole Stout v. Diversified Lenders, Inc.

CourtCourt of Appeals of Texas
DecidedAugust 25, 2025
Docket07-25-00241-CV
StatusPublished

This text of Baxsto, LLC, IFTK Holdings, LLC, Ashley Baxter Stout and John Cole Stout v. Diversified Lenders, Inc. (Baxsto, LLC, IFTK Holdings, LLC, Ashley Baxter Stout and John Cole Stout v. Diversified Lenders, Inc.) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Baxsto, LLC, IFTK Holdings, LLC, Ashley Baxter Stout and John Cole Stout v. Diversified Lenders, Inc., (Tex. Ct. App. 2025).

Opinion

In The Court of Appeals Seventh District of Texas at Amarillo

No. 07-25-00241-CV

BAXSTO, LLC, IFTK HOLDINGS, LLC, ASHLEY BAXTER STOUT, AND JOHN COLE STOUT, APPELLANTS

V.

DIVERSIFIED LENDERS, INC., APPELLEE

On Appeal from the 237th District Court Lubbock County, Texas Trial Court No. DC-2025-CV-0060-A, Honorable Les Hatch, Presiding

August 25, 2025 ORDER OF ABATEMENT Before PARKER and DOSS and YARBROUGH, JJ.

Appellants, Baxsto, LLC, IFTK Holdings, LLC, Ashley Baxter Stout, and John Cole

Stout, appeal from the trial court’s Default Judgment. Appellants have notified the Court

that Baxsto, LLC filed a bankruptcy petition on August 21, 2025, in the United States

Bankruptcy Court for the Western District of Texas, case number 25-11291-smr. See

TEX. R. APP. P. 8.1. Consequently, pursuant to Rule of Appellate Procedure 8.2, we abate the appeal

and suspend all appellate deadlines until further order of this Court. The parties may file

a motion to reinstate or sever the appeal if permitted by federal law or the bankruptcy

court. See TEX. R. APP. P. 8.3. The parties shall promptly inform this Court of the

resolution of the bankruptcy proceeding or any other event authorizing reinstatement of

the appeal.

It is so ordered.

Per Curiam

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Baxsto, LLC, IFTK Holdings, LLC, Ashley Baxter Stout and John Cole Stout v. Diversified Lenders, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/baxsto-llc-iftk-holdings-llc-ashley-baxter-stout-and-john-cole-stout-v-texapp-2025.