In Re Telesphere Communications, Inc.
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OF DECISION
EUGENE R. WEDOFF, Bankruptcy Judge.
These administratively consolidated Chapter 11 cases have come before the court on the debtors’ motion to approve a settlement of certain claims arising from a failed leveraged buyout. The settlement is supported by the debtors’ major secured creditors and the unsecured creditors’ committee. It is opposed by Tamona Enterprises, Inc., and fifty-five other general unsecured creditors, all of whom are parties in an action disputing the ownership of property claimed by the debtors’ estates. After a hearing on the merits of the settlement…
2Cases cited37 opinions
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
- Kham & Nate's Shoes No. 2, Inc., Debtor-Appellee v. First Bank of WhitingCourt of Appeals for the First Circuit · 1990
- Louis W. Levit, Trustee of V.N. Deprizio Construction Co. v. Ingersoll Rand Financial CorporationCourt of Appeals for the Seventh Circuit · 1989
- In Re Grant CompanyCourt of Appeals for the Second Circuit · 1983
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3Cited by54 opinions
- In Re M & L Business Machine Company, Inc.Court of Appeals for the Tenth Circuit · 1996
- Christian Bros. High School Endowment v. Bayou No Leverage Fund, LLC (In Re Bayou Group, LLC)District Court, S.D. New York · 2010
- Cadle Co. v. Mims (In Re Moore)Court of Appeals for the Fifth Circuit · 2010
- Martino v. Edison Worldwide Capital (In Re Randy)United States Bankruptcy Court, N.D. Illinois · 1995
- Hicks, Muse & Co. v. BrandtCourt of Appeals for the First Circuit · 1998
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