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IN RE ZACKY FARMS, LLC, 12-37961. (2013)

Court: District Court, E.D. California Number: infdco20131205961 Visitors: 11
Filed: Dec. 03, 2013
Latest Update: Dec. 03, 2013
Summary: STIPULATION FOR DISMISSAL WITH PREJUDICE OF APPEAL PURSUANT TO FEDERAL RULE OF BANKRUPTCY PROCEDURE 8001(c)(2); ORDER JOHN A. MENDEZ, District Judge. Appellants Richard Zacky (individually and in his capacity as trustee of the Richard N. Zacky Irrevocable Trust dated 11/25/07, the Survivor's Trust of Albert and Beverly Zacky Trust Dated 2/10/88, and the Barbara Jean Zacky Irrevocable Trust Dated 12/30/06), ZF Enterprises, LLC, Integrated Grain & Milling, Inc., American Huntsman, LLC, Big Feath
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STIPULATION FOR DISMISSAL WITH PREJUDICE OF APPEAL PURSUANT TO FEDERAL RULE OF BANKRUPTCY PROCEDURE 8001(c)(2); ORDER

JOHN A. MENDEZ, District Judge.

Appellants Richard Zacky (individually and in his capacity as trustee of the Richard N. Zacky Irrevocable Trust dated 11/25/07, the Survivor's Trust of Albert and Beverly Zacky Trust Dated 2/10/88, and the Barbara Jean Zacky Irrevocable Trust Dated 12/30/06), ZF Enterprises, LLC, Integrated Grain & Milling, Inc., American Huntsman, LLC, Big Feather Ranch, LLC, and Lucky Wishbone Ranch, LLC (collectively, "Appellants"), the Official Committee of Unsecured Creditors ("Committee"), and Zacky Farms, LLC ("Debtor"), by and through their respective attorneys of record, stipulate, agree and respectfully request the Court to order dismissal with prejudice of the above captioned appeal based on the following:

A. This appeal arises out the bankruptcy court's order granting the Joint Motion for Approval of Settlement Among the Committee, the Debtor and the Robert and Lillian Zacky Trust Pursuant to Bankruptcy Rule 9019 (the "Lillian Settlement Motion") [Bankruptcy Case, Docket No. 758], which order issued on February 21, 2013 [Docket No. 1078] (as amended on May 1, 2013 [Docket No. 1541]). The instant appeal timely followed (the "Lillian Settlement Order Appeal").

B. In the bankruptcy case, Appellants, the Committee, the Debtor, and others reached a global settlement agreement, which was the subject of another motion pursuant to Federal Rule of Bankruptcy Procedure 9019, heard and approved by the Bankruptcy Court on October 29, 2013. [Bankruptcy Case, Docket No. 2294. ("Global Settlement Order").] Pursuant to the terms of the Global Settlement Order, Appellants must "take all actions necessary to cause the Lillian Settlement Order Appeal to be dismissed with prejudice." [Id.]

C. Federal Rule of Bankruptcy Procedure 8001(c)(2) provides as follows: "If an appeal has been docketed and the parties to the appeal sign and file with the clerk of the district court or the clerk of the bankruptcy appellate panel an agreement that the appeal be dismissed and pay any court costs or fees that may be due, the clerk of the district court or the clerk of the bankruptcy appellate panel shall enter an order dismissing the appeal. An appeal may also be dismissed on motion of the appellant on terms and conditions fixed by the district court or bankruptcy appellate panel."

D. Appellants, the Committee and the Debtor are all the parties to the Lillian Settlement Order Appeal.

E. Accordingly, pursuant to the terms of the Global Settlement Order, Federal Rule of Bankruptcy Procedure 8001(c)(2), and the agreement of Appellants, the Committee and the Debtor evidenced by this stipulation, the parties jointly request this Court to dismiss with prejudice the Lillian Settlement Order Appeal, with each party bearing its own attorneys' fees and costs.

ORDER

Having read the Stipulation of the Parties, and good cause appearing, IT IS HEREBY ORDERED:

1. The instant Appeal, CASE No. 2:13-CV-00455, is DISMISSED WITH PREJUDICE.

2. The Parties shall bear their own attorney's fees and costs.

Source:  Leagle

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