In re Latitude 360, Inc.

Jerry A. Funk, United States Bankruptcy Judge

This case came before the Court for trial on the Motion of Chapter 11 Trustee, Mark C. Healy, to Approve: (i) Pre-Suit Settlement and Compromise of Controversy with (a) Former Directors, Officers, and/or Employees of Debtor and (b) Insurer, and Request for Entry of Bar Order (the "Motion"). (Doc. 165). The United States Trustee (the "U.S. Trustee") objects to the Motion. (Doc. 178).

In determining whether to approve a bankruptcy trustee's compromise and a related bar order, courts generally consider the complexity of the underlying claims, the…