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MATTER OF ERICSON

Nos. 4-79-BKY 139(0), 4-79-BKY 140(0), and 4-79-BKY 1128(0), Civ. No. 4-80-414.

6 B.R. 1002 (1980)

In the Matter of Orrin A. ERICSON, Debtor. In the Matter of Galoris A. ERICSON, Alleged Bankrupt. In the Matter of The ERICSON DEVELOPMENT CO., INC., Debtor. Victor G. LANDS, M.D. and Mona Lands, Plaintiffs, v. Orrin A. ERICSON, Debtor; Galoris A. Ericson, Alleged Bankrupt; The Ericson Development Co., Inc., Debtor; Steenberg Structures, Inc.; National Bank of Commerce in Mankato, Minnesota; First National Bank of Minneapolis; Northwestern National Bank of Minneapolis; and John Doe and Richard Roe, Defendants.

United States District Court, D. Minnesota, Fourth Division.

October 28, 1980.

Attorney(s) appearing for the Case

Jeremiah J. Kearney, O'Connor & Hannan, Minneapolis, Minn., for appellant Amfac Mortg. Corp.

David E. Kirkman, Stacker & Ravich, St. Paul, Minn., for appellant El Rancho Sahara Fashion Center.

Thomas G. Lovett, Jr., Ronald H. Groth, Thomson, Lovett, Wahlfors & Moran, Ltd., Minneapolis, Minn., for appellees Orrin A. and Galoris A. Ericson and The Ericson Development Co., Inc.

Hyman Edelman, Maslon, Kaplan, Edelman, Borman, Brand & McNulty, Minneapolis, Minn., for appellees Victor G. and Mona Lands.

James L. Baillie, Fredrikson, Byron, Colborn, Bisbee & Hansen, P.A., Minneapolis, Minn., for appellee First Nat. Bank of Minneapolis.

T. Jay Salmen, Kueppers, Kueppers, Von Feldt & Salmen, St. Paul, Minn., for appellee Steenberg Structures, Inc.

John E. Regan, Regan & Regan, Mankato, Minn., for appellee Nat. Bank of Commerce in Mankato.

MacLAUGHLIN, District Judge.

This matter is before the Court on appeal pursuant to Bankruptcy Rule 11-62 from a ruling by the bankruptcy court. The bankruptcy court approved a compromise settlement of an adversary proceeding between the debtor in possession and certain secured creditors in this Chapter XI case. The appellants are unsecured creditors of the debtor whose rights are affected by the terms of the settlement.

FACTS

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