In re McInerney

OPINION REGARDING THE CHAPTER 7 TRUSTEE’S SECOND MOTION FOR APPROVAL OF SETTLEMENT

THOMAS J. TUCKER, Bankruptcy Judge.

I. Introduction

This case is before the Court on the Chapter 7 Trustee’s motion entitled “Chapter 7 Trustee’s Second Motion Pursuant to Fed. R. Bankr.P. 9019 to Authorize and Approve Settlement Agreement By and Between Chapter 7 Trustee and Charles E. Becker, Charles E. Becker as Trustee under Trust Agreement of Charles E. Becker Dated September 16, 1997, as Amended, and Becker Ventures, LLC.”1 The Motion seeks to compromise, for $1 million, claims that Debtor asserted against…