Vaughn v. Drexel Burnham Lambert Group, Inc. (In Re Drexel Burnham Lambert Group, Inc.)
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM OF DECISION ON COMPROMISE AND SETTLEMENT OF CLAIMS
FRANCIS G. CONRAD, Bankruptcy Judge.
Group and three former employees (Plaintiffs) envision the compromise and settlement of an adversary proceeding initiated by the former employees in the Debtors’ Chapter 11 case. Group Committee opposes the settlement. A hearing was conducted 1 on Group’s Rule 9019 motion, 2 and the matter was taken under advisement.
The motion before us contemplates the resolution of a year-old adversary proceeding triggered by Plaintiffs to declare their rights in an escrow fund. The developing body of that…
2Cases cited13 opinions
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- In Re Grant CompanyCourt of Appeals for the Second Circuit · 1983
- Fed. Sec. L. Rep. P 93,547 Arthur Newman v. Howard M. Stein, and Morrie Benson and Rose Lerman, Objectants-AppellantsCourt of Appeals for the Second Circuit · 1972
- In Re Texaco Inc.United States Bankruptcy Court, S.D. New York · 1988
- Matter of Carla Leather, Inc.United States Bankruptcy Court, S.D. New York · 1984
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3Cited by32 opinions
- Nellis v. ShugrueDistrict Court, S.D. New York · 1994
- Burton v. Ulrich (In Re Schmitt)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1997
- Krys v. Official Committee of Unsecured Creditors of Refco Inc. (In Re Refco Inc.)Court of Appeals for the Second Circuit · 2007
- In re Dewey & LeBoeuf LLPUnited States Bankruptcy Court, S.D. New York · 2012
- In re KernerUnited States Bankruptcy Court, S.D. New York · 2019
27 more not listed; retrieve them via the Exa API.