- FRBP
In re Barbieri
Dec
29
2009
Ruling
Trustee's settlement with acquisitions company not approved as unreasonable and not in best interests of creditors.
Procedural posture
Debtor filed a petition under chapter 11 in November 2000, the case was converted to one under chapter 7 in January 2002, and a chapter 7 trustee was appointed to administer the debtor's bankruptcy estate. The trustee filed a motion under Fed. R. Bankr. P. 9019, seeking approval of a settlement he negotiated with an acquisitions company that filed two claims against the debtor's bankruptcy estate.
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Court
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