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Home / Opinion Digests / Trustee’s settlement binding only if approved by court (access required)

Trustee’s settlement binding only if approved by court (access required)

Where the trustee made an offer to settle, which was agreed to for consideration, a binding settlement agreement was reached. But in a question of apparent first impression in the Fourth Circuit, the agreement is binding only if approved by the bankruptcy court. Background This is a motion for enforcement of settlement filed by Robin W. Greenawalt, ...