Kohlenberg v. Baumhaft (In Re Baumhaft)

Opinion Granting Plaintiffs’ Motion for Summary Judgment

STEVEN W. RHODES, Bankruptcy Judge.

I

On July 7, 1999, pursuant to a settlement agreement, the Oakland County Circuit Court entered a Consent Judgment against the defendant, Michael Baumhaft in favor of the plaintiffs, James M. Kohlen-berg and John R. Medical Clinic P.C. Profit Sharing Plan (the Kohlenberg Group) in the amount of $250,000. On September 1, 1999, a Supplemental Consent Judgment was entered in the amount of $22,022.75. In anticipation of the Consent Judgment, the parties entered into a Settlement Agreement and a Stipulation…