Goodwin v. Mickey Thompson Entertainment Group, Inc. (In Re Mickey Thompson Entertainment Group, Inc.)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• concluding that proposed settlement amounted to an asset sale where the estate unilaterally released its claims without receiving anything of value besides the settlement amount
• concluding a proposed settlement where estate unilaterally released its claims amounted to an asset sale
• “entertaining overbids often triggers a bidding sequence that may lead to a much higher price.”
• stating that settlement is a sale
• “[T]he disposition by way of ‘compromise’ of a claim that is an asset of the estate is the equivalent of a sale of the intangible property represented by the claim . . . .”
• “a trustee’s fiduciary duty to maximize the assets of the estate trumps any contractual obligation that a trustee arguably may incur in the course of making an agreement that is not enforceable unless it is approved by the court”

Source: CourtListener parenthetical corpus (CC0).