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IN RE VERMONT REAL ESTATE INV. TRUST

Bankruptcy No. 82-00033.

25 B.R. 806 (1982)

In re VERMONT REAL ESTATE INVESTMENT TRUST, Debtor.

United States Bankruptcy Court, D. Vermont.

November 1, 1982.

Attorney(s) appearing for the Case

Wyman Smith, as trustee for the debtor.

Ronald A. Fox, Montpelier, Vt., for Charles Crowell and Crowell England and Co.

David Putter, Montpelier, Vt., for Elizabeth Gentile.

James F. O'Neill, for Howard Bank, Administrator for the Sawyer Estate.

Douglas J. Wolinsky, Burlington, Vt., for Committee of Unsecured Creditors.

William B. Gray, Rutland, Vt., for Margaret Baird.

Julian Goodrich, Gibson, Noble & Goodrich, Montpelier, Vt., for the debtor.

E. Bruce Weber, Brattleboro, Vt., for Dr. Felix Sommer.

Matthew Katz, Burlington, Vt., for the Merchants Bank.

William Mikell, Burlington, Vt., William A. Fead, Montpelier, Vt., for Shareholders' Committee.

Hiram Hunn, Plainfield, Vt., for Cody Management Ass'n, Inc.

John Primmer, St. Johnsbury, Vt., for Judy Walke, et al. as former trustees of the debtor.

T.G. Hedges, pro se.

MEMORANDUM AND ORDER ON APPLICATION OF DEBTOR FOR AUTHORIZATION TO PROCEED WITH CASH PAYMENTS TO SETTLE CLAIMS FOR GOODS AND SERVICES

CHARLES J. MARRO, Bankruptcy Judge.

The Debtor seeks authorization to proceed with cash payments on its proposal to liquidate miscellaneous claims listed in its bankruptcy schedules. In presenting its proposal at the hearing on October 14, 1982, the Debtor, represented by Wyman Smith, indicated that it would seek to settle approximately...

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