In Re Chemtura Corp.

How courts have described this case

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

• holding the bankruptcy court “need not conduct an independent investigation into the reasonableness of the settlement,” nor is it necessary for the court to “conduct a ‘mini-trial’ of the facts or the merits underlying the dispute.”
• examining whether a reorganization plan has been proposed in good faith, the court views it in the totality of the circumstances
• approving settlement under Rule 9019 framework as part of plan of reorganization
• “As a general matter, settlements or compromises are favored in bankruptcy and, in fact, encouraged.”

Source: CourtListener parenthetical corpus (CC0).