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Whyte v. Kiviston (In re Kiviston)

Whyte v. Kiviston (In re Kiviston)

Ruling
Settlement of charges related to commodities trading approved over objections from party lacking cognizable due process rights affected by contribution bar.
Procedural posture

Before the court was the joint motion of a litigation trust trustee for an order approving settlement, Fed. R. Bankr. P. 9019. An objector filed an objection. The trustee alleged 30 counts against various defendants primarily related to their involvement with, in part, debtors' commodities trading and certain interested transactions. The complaint asserted fraudulent transfer, breach of fiduciary duty, breach of contract, and unjust enrichment.

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Commercial opinion summary, case decided on November 19, 2010 , LexisNexis #1210-140