Search Opinion

In re TeleContinuity Inc.

Citing Fed. R. Bankr. P. 9019, movant, the Chapter 7 trustee, asked the court to approve a proposed settlement of controversies and compromise of claims between the estate and a group of lenders (Group). Objector, a creditor that had made a competing offer to purchase estate assets, asked the court to disapprove the proposed settlement with the Group as not being in the best interests of the estate.
Settlement of claims between estate and group of lenders approved in best interests of estate.
ABI Membership is required to access the full summary of In re TeleContinuity Inc.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on October 24,2011, LexisNexis #1111-102