- FRBP
In re Joseph
Mar
20
2006
Ruling
Court granted trustee's motion to approve settlement since it did not fall below the lowest point in the range of reasonableness.
Procedural posture
The chapter 7 trustee filed a motion to approve a settlement between the debtor and his former law firm of which he was a partner. Taking into account all of the awards the law firm and the debtor owed each other, as of the petition date, the law firm owed the debtor a net amount of about $519,000. The debtor's former wife, who was also a creditor, objected to the settlement motion.
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Court
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