Matter of Carla Leather, Inc.

How courts have described this case

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

• Test for determining whether the settlement falls within the bounds of reasonableness is no different under the Bankruptcy Code than under the Bankruptcy Act
• “Settlements are considered by the bankruptcy courts under the procedures established by Rule 9019(a), substantially the same as Rule 919(a), its predecessor applicable under the Bankruptcy Act.”
• “In pursuing litigation in the name of the debtor, the trustee’s obligation is not that he should burden the assets of the estate with costs and expenses arising out of all manner of questions that may be presented for litigation.”

Source: CourtListener parenthetical corpus (CC0).