Fugazy Travel Bureau, Inc. v. State ex rel. Dickinson

ANDREWS, Judge.

This is an interlocutory appeal by Fugazy Travel Bureau, Inc., Otto Marx, Jr., William Fugazy and Louis Fugazy, hereinafter referred to as “Fugazy” from an order setting aside the court’s approval of a settlement agreement between appellants and the court-appointed receiver of Tower Credit Corporation. The order approved the proposal of appellees, Edward Krock and Victor Muscat, to purchase the receivership asset which was the subject of the settlement agreement

Fugazy is indebted to Tower Credit Corporation in the amount of $900,000 represented by a promissory note. Tower…