Legal Opinion
In re Protech Coating Services, Inc.
United States Bankruptcy Court, M.D. Florida
Decided October 2, 2012No. 8:11-bk-04548-MGWPublishedCited by 4 opinions
1Opinion of the Court
ORDER AND MEMORANDUM OPINION ON JOINT MOTION TO COMPROMISE CONTROVERSY
MICHAEL G. WILLIAMSON, Bankruptcy Judge.
A bankruptcy court should only approve a compromise when it is fair and equitable and in the best interest of the estate. Here, the Chapter 7 Trustee has compromised a wrongful death claim pending against the Debtor in state court on the following terms: the Trustee consents to stay relief to allow the personal representative of the decedent’s estate to obtain a $2 million consent judgment against the Debtor; the personal representative agrees not to seek any distribution from the…
2Cases cited6 opinions
- Wallis v. Justice Oaks II, Ltd. (In re Justice Oaks II, Ltd.)Court of Appeals for the Eleventh Circuit · 1990
- Jackson Brewing Company v. HerpelCourt of Appeals for the Fifth Circuit · 1980
- Electric MacHinery Enterprises, Inc. v. Hunt Construction Group, Inc. (In Re Electric MacHinery Enterprises, Inc.)United States Bankruptcy Court, M.D. Florida · 2009
- In Re Bicoastal Corp.United States Bankruptcy Court, M.D. Florida · 1993
- In Re HugginsUnited States Bankruptcy Court, E.D. Tennessee · 2011
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Debtor TestUnited States Bankruptcy Court, D. New Mexico · 2019
- In re Las Cruces Country Club, Inc.United States Bankruptcy Court, D. New Mexico · 2018
- Kettering Adventist Healthcare, d/b/a Kettering Health Network v. Sandra Collier, et al.; Epstein Becker & Green, PC, et al.District Court, S.D. Ohio · 2026
- Sandia Tobacco Manufacturers, Inc., a New Mexico Domestic ProfitUnited States Bankruptcy Court, D. New Mexico · 2019