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LOCKWOOD v. WOLF CORP.

No. 78-3380.

629 F.2d 603 (1980)

J.B.C. LOCKWOOD, Jr., successor to Sanford M. Sage, Trustee in Bankruptcy of Emerald Properties, Inc., Plaintiff-Appellee, v. The WOLF CORPORATION, a Delaware Corporation, Defendant-Appellant.

United States Court of Appeals, Ninth Circuit.

Decided October 6, 1980.

Attorney(s) appearing for the Case

Earl P. Lasher, G. Michael Sweet, Lasher, Johnson & Sweet, Inc., Seattle, Wash., M. Emanuel Balt, New York City, for defendant-appellant.

Allan Kolsky, New York City, for plaintiff-appellee.

Before KILKENNY and FLETCHER, Circuit Judges, and JAMESON, District Judge.

JAMESON, District Judge:

The Wolf Corporation (Wolf) appeals from summary judgment in favor of Lockwood (Trustee), the successor trustee in bankruptcy of Emerald Properties, Inc. (Emerald), enforcing a settlement agreement between Wolf and Emerald made in connection with bankruptcy proceedings. The district court also held that Wolf's counterclaim against the bankrupt estate was barred by the statue of limitations as well as by the terms of the settlement agreement...

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