Nellis v. Shugrue

How courts have described this case

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

• noting that “the general rule [is] that settlements are favored and, in fact, encouraged by the approval process .... ”
• rejecting appellants’ contention that the “bankruptcy court did not have sufficient information about the individual claims resolved by the settlement agreement to assess properly its fairness to the appellants and other creditors”
• “Approval of a settlement can predate the determination of individual awards under the distribution plan.”
• “[A] judge does not have to be convinced that the settlement is the best possible compromise”
• “a judge does not have to be convinced that the settlement is the best possible compromise or that the parties have maximized their recovery”
• “The bankruptcy judge is ultimately responsible for an unbiased and informed assessment of a settlement’s terms.”

Source: CourtListener parenthetical corpus (CC0).