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In re Spanish Peaks Holdings II LLC

In re Spanish Peaks Holdings II LLC

Ruling
Trustee's settlement of preference claims against debtor's affiliates that released their own claims approved.
Issue(s)
Could trustee's settlement of preference claims with debtor's affiliates in exchange for the affiliates releasing their own claims against the estate be approved?

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Commercial opinion summary, case decided on March 10, 2014 , LexisNexis #0614-035