In Re Enstar Group, Inc.

OPINION ON OBJECTION TO CLAIMS OF WILLIAM GAUNTT AND AARON ARONOV

A. POPE GORDON, Bankruptcy Judge.

The Enstar Group, Inc. filed an objection, as amended, to the unsecured claims of William Gauntt and Aaron Aronov. 1

The parties submitted the objection to the court based on briefs and arguments of counsel.

The claims arise out of Enstar Group’s alleged obligation to indemnify Gauntt and Aronov from claims against them as directors and officers of Enstar Group.

The undisputed facts are as follows.

Enstar Group entered into an indemnity agreement with its directors and officers based upon Enstar’s…