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In re Atlas Computers Inc.

In re Atlas Computers Inc.

Ruling
Settlement of fraudulent transfer proceeding approved as fair, reasonable and in best interests of the estate.
Procedural posture

A chapter 7 trustee filed a motion to approve a settlement of a fraudulent transfer action. Certain creditors (the claimants) who were not parties to the fraudulent transfer action objected to the settlement.

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Commercial opinion summary, case decided on July 24, 2012 , LexisNexis #0812-068