- FRBP
In re Stone Barn Manhattan LLC
May
22
2009
Ruling
Settlement with debtor's principal consumer personal property lessor approved subsequent to default under the lease.
Procedural posture
The debtors, a chain of approximately 276 apparel and accessories discount stores, moved, under Fed. R. Bankr. P. 9019, for approval of a settlement agreement with their principal non-consumer personal property lessor. The settlement was supported by the Official Committee of Unsecured Creditors of the debtors, but was opposed by the Official Committee of Unsecured Creditors of the successor in interest to the debtors, also in bankruptcy.
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Court
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