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In re Circle Investors Inc.

In re Circle Investors Inc.

Ruling
Disbursement to party in interest as part of settlement could be included in trustee's disbursement base.
Procedural posture

The trustee filed an amended application and supplemented first application for interim compensation for work completed in debtors' bankruptcy case (case no. 02-39553). A creditor objected. The court authorized interim trustee compensation based on disbursements other than two disbursements and in the amount of $ 151,868. It deferred ruling as to the two disbursements until further briefing, and pending was a decision as to the two disbursements.

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Commercial opinion summary, case decided on April 03, 2008 , LexisNexis #0508-059