In re Taylor

MEMORANDUM AND ORDER FOLLOWING HEARING ON STATUS OF PROPOSED FILING OF MOTION TO COMPROMISE CONTROVERSY

LETITIA Z. TAITTE, Bankruptcy Judge.

Came before the Court on March 24, 1986, the proponents of an undisclosed but nonetheless proposed compromise of controversy. Such compromises are necessarily pursuant to Bankruptcy Rule 9019 and Local Bankruptcy Rule 9007.

The proponents were the Debtor who has sought the protection of the Bankruptcy Code, Mr. Robert Taylor, and Bay Area Bank and Trust, of which he is a former director, and with which he now seeks to effect a compromise.

The only documents…