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Velde v. First Intl Bank & Trust (In re Y-Knot Constr. Inc.)

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Aproval of settlement of preference proceeding reversed as bankruptcy court failed to make required findings of fact.
Procedural posture: 
Appellant creditor, a bank, challenged an order from the Bankruptcy Court for the District of Minnesota, which granted a motion of appellee trustee to compromise a preference action against another creditor, a lumber company, under Fed. R. Bankr. P. 9019.
Issue: 
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