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IN RE AGE REFINING, INC., 10-50501-CAG. (2016)

Court: United States Bankruptcy Court, W.D. Texas Number: inbco20160902684 Visitors: 4
Filed: Aug. 31, 2016
Latest Update: Aug. 31, 2016
Summary: MEMORANDUM OF INDICATIVE RULING REGARDING "JOINT MOTION UNDER BANKRUPTCY RULE 9019 TO APPROVE SETTLEMENT AGREEMENT REGARDING APPLICATIONS FOR COMPENSATION FILED BY MARTIN & DROUGHT, P.C. AS COUNSEL FOR THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS" [Relates to Docket No. 2042] CRAIG A. GARGOTTA , Bankruptcy Judge . CAME ON, for hearing, the Joint Motion for Indicative Ruling Pursuant to Bankruptcy Rule 8008 ("Joint Motion for Indicative Ruling") [Doc. No. 2042] filed by the Liquidating Tr
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MEMORANDUM OF INDICATIVE RULING REGARDING "JOINT MOTION UNDER BANKRUPTCY RULE 9019 TO APPROVE SETTLEMENT AGREEMENT REGARDING APPLICATIONS FOR COMPENSATION FILED BY MARTIN & DROUGHT, P.C. AS COUNSEL FOR THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS"

[Relates to Docket No. 2042]

CAME ON, for hearing, the Joint Motion for Indicative Ruling Pursuant to Bankruptcy Rule 8008 ("Joint Motion for Indicative Ruling") [Doc. No. 2042] filed by the Liquidating Trustee Randolph N. Osherow ("Trustee") and Martin & Drought, P.C. as Counsel for the Official Committee of Unsecured Creditors ("M&D") (collectively, "Movants") regarding their "Joint Motion Under Bankruptcy Rule 9019 to Approve Settlement Agreement Regarding Applications for Compensation Filed by Martin & Drought, P.C. as Counsel for the Official Committee of Unsecured Creditors." The Court—having considered the Joint Motion for Indicative Ruling, Chase Capital Corporation's limited objection thereto [Doc. 2046], and the arguments of counsel—hereby indicates for the record, pursuant to FED. R. BANKR. P. 8008(a)(3), that if the District Court were to remand Case No. 5:16-cv-00801-FB for the limited purpose of re-vesting this Court with jurisdiction to consider and rule on the Movants' "Joint Motion Under Bankruptcy Rule 9019 to Approve Settlement Agreement Regarding Applications for Compensation Filed by Martin & Drought, P.C. as Counsel for the Official Committee of Unsecured Creditors" ("Joint Motion Under Bankruptcy Rule 9019"), the Court would be inclined to grant the Joint Motion Under Bankruptcy Rule 9019.

Source:  Leagle

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