· 5/13/1986
Federal Case
Citations
- 784 F.2d 1377
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that a bankruptcy court’s order regarding a trustee’s motion to approve a settlement is reviewed for abuse of discretion
- stating that “the bankruptcy court’s order approving the trustee’s application to compromise the controversy is reviewed for an abuse of discretion”
- setting forth standard of review and factors the bankruptcy court must consider in determining the “fairness, reasonableness and adequacy of a proposed settlement agreement”
- setting forth standard of review and explaining the relevant factors to consider when approving a compromise agreement
- upholding compromise where bankruptcy court fully considered and ruled on all substantial objections
- trustee has burden of persuading court that settlement is fair and equitable
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.