Interlachen Harriet Investments Ltd. v. Kelley (In Re Petters Co.)
United States Bankruptcy Appellate Panel for the Eighth Circuit
1Opinion of the Court
VENTERS, Bankruptcy Judge.
Interlachen Harriet Investments Ltd., appeals the bankruptcy court’s approval of a multi-million dollar, global settlement (“Settlement”) in one of the largest Ponzi scheme bankruptcies in American history. 1 The Settlement has been substantially consummated, and the appeal has been rendered largely moot. Nevertheless, to the extent relief could be fashioned at this juncture, no such relief is warranted. The bankruptcy court properly exercised its discretion to approve the settlement. Therefore, we affirm the order of the bankruptcy court approving the Settlement. 2
We…
2Cases cited15 opinions
- Cooter & Gell v. Hartmarx Corp.Supreme Court of the United States · 1990
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- In Re Continental Airlines. Nationsbank of Tennessee, N.A., F/k/a Nationsbank of Tennessee, as Collateral Trustee Under a Secured Equipment Indenture and Lease Agreement Dated March 15, 1987 ("Nationsbank") New Jersey National Bank, as Successor by Merger to Constellation Bank, N.A., F/k/a National State Bank of Elizabeth, N.J. Harris Trust and Savings Bank and Boatman's First National Bank of Oklahoma, as First, Second and Third Priority Secured Equipment Certificates Trustees Thereunder, Respectively (The "Series Trustees" And, Collectively With Nationsbank, the "Trustees")Court of Appeals for the First Circuit · 1996
- Drexel v. LoomisCourt of Appeals for the Eighth Circuit · 1929
- Washington v. Sherwin Real Estate, Inc.Court of Appeals for the Seventh Circuit · 1982
10 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Critique Services, LLC v. LaToya L. StewardCourt of Appeals for the Eighth Circuit · 2016
- Ritchie Capital Management v. Douglas A. KelleyCourt of Appeals for the Eighth Circuit · 2015
- Kelley v. KaniosDistrict Court, D. Maine · 2019
- Barbara Wigley v. Michael WigleyUnited States Bankruptcy Appellate Panel for the Eighth Circuit · 2016
- David A Stewart and Terry P StewartUnited States Bankruptcy Court, W.D. Oklahoma · 2019
2 more not listed; retrieve them via the Exa API.