In Re HyLoft, Inc.

How courts have described this case

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

• denying the trustee’s proposed settlement after reviewing several factors and noting that the “parties to the Proposed Settlement Agreement, excluding the Trustee, are insiders of the Debtor”
• “While insider status alone is not fatal to dealings between a debtor and an insider, the court must scrutinize these dealings more carefully.”
• settlement counterparties were insiders where two individuals were principals of both the debtor and the counterparties

Source: CourtListener parenthetical corpus (CC0).