Appellants, who are creditors of the bankrupt, American Reserve Corporation (ARC), appeal the district court's judgment affirming the bankruptcy court's approval of the trustee's settlement of a claim by ARC's former chief executive officer. Because the bankruptcy judge's findings are not adequate to allow us to review the settlement, we reverse and remand for further findings.
I.
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.