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Rule 9019(a)

In re Joseph

Mar
20
2006
Ruling
Court granted trustee's motion to approve settlement since it did not fall below the lowest point in the range of reasonableness.
Procedural posture

The chapter 7 trustee filed a motion to approve a settlement between the debtor and his former law firm of which he was a partner. Taking into account all of the awards the law firm and the debtor owed each other, as of the petition date, the law firm owed the debtor a net amount of about $519,000. The debtor's former wife, who was also a creditor, objected to the settlement motion.

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opinion summary, case decided on March 20, 2006 , LexisNexis #0506-070
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Will v. Northwestern Univ. (In re Nutraquest Inc.)

Jan
20
2006
Ruling
Court did not abuse its discretion in finding that a tort settlement met Rules requirements and state tort law.
Procedural posture

Appellant university filed a third party complaint seeking contribution from various makers of ephedra products after it was sued following the death of one of its football players. Appellee debtor, one of the makers, later filed for bankruptcy protection. The university appealed after the district court upheld the bankruptcy court's approval of a settlement between appellee and the player's estate.

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Court :
Judge or Jurisdiction information not available
opinion summary, case decided on January 20, 2006 , LexisNexis #0206-025
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Cook v. Terlecky (In re Cook)

Jan
04
2006
Ruling
Bankruptcy court did not abuse its discretion in approving a compromise and settlement of state court litigation involving sale of real property since no creditors objected to the sale and the sale was unlikely to be rescinded.
Procedural posture

Appellee trustee and purchaser moved for approval of a compromise and settlement of state court litigation involving real property in which appellant debtor claimed an interest. The bankruptcy court granted the motion. The debtor appealed.

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Court :
Judge or Jurisdiction information not available
opinion summary, case decided on January 04, 2006 , LexisNexis #0106-130
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