Cornejo v. Channel Lending Co.

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Court struck a motion to enforce a settlement agreement against a lending company pending the outcome of the company's owner's bankruptcy case.
Procedural posture: 
Plaintiffs, consumers, and defendants, lending company and its owner, entered into a settlement agreement to settle claims of illegal lending practices. Because the owner filed for bankruptcy, the consumers sought to enforce the terms of the agreement against the company. The court ordered the company to pay the value of the settlement to the consumers. The owner moved for relief from the court's order enforcing the parties'settlement agreement.
Issue: 
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