Estate of Asay v. Asay

BRECKENRIDGE, Presiding Judge.

MBI, Ltd. (formerly known as 1230 North Venture) appeals from an order approving a compromise settlement of a claim against the estate of Kenneth W. Asay and Nila Rae Asay. Pursuant to the settlement, one of the creditors, Robert M. Wall, received a portion of estate assets greater than his pro rata share. The agreement compromise was negotiated to avoid the risk that Mr. Wall was a secured creditor and would, without a settlement, receive substantially all of the estate assets.

MBI raises three points on appeal, claiming that the probate division erred in…