Jackson Brewing Company v. Herpel

How courts have described this case

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

• holding that a bankruptcy judge “must evaluate and set forth in a comprehensible fashion: (1) The probability of success in the litigation, with due consideration for the uncertainty in fact and law, (2
• holding that a bankruptcy judge “must evaluate and set forth in a comprehensible fashion: (1) The probability of success in the litigation, with due consideration for the uncertainty in fact and law, (2
• stating that the court must “evaluate and set forth [these factors] in a comprehensible fashion” when reviewing a compromise
• affirming a district court’s approval of a compromise based on the court’s conclusion that there was a substantial controversy between the trustee and the objector with an uncertain resolution
• indicating a settlement must reflect (1) “the [debtor’s] probability of success in litigation,” (2) “[t]he complexity and likely duration of the litigation and any attendant expense, inconvenience and delay,” and (3) “[a]ll other factors bearing on the wisdom of the compromise.”
• “To assure a proper compromise the bankruptcy judge must be apprised of all the necessary facts for an intelligent, objective and educated evaluation.”

Source: CourtListener parenthetical corpus (CC0).