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IN RE LEVY

Bankruptcy Nos. 84 B 20299, 84 B 20300.

89 B.R. 389 (1988)

In re Leonard Stuart LEVY, Debtor. In re JARNEL FINANCIAL SERVICES, LTD., Debtor.

United States Bankruptcy Court, S.D. New York.

August 23, 1988.

Attorney(s) appearing for the Case

Barbara Balaber-Strauss, New York City, trustee.

Hahn & Hessen, New York City, for trustee.

Gibson, Dunn & Crutcher, New York City, for Bateman Eichler, Hill Richards Inc.

Kaplan, Kilsheimer & Foley, New York City, for Wilma Rajcher Levy.

DECISION ON MOTION TO CONSIDER PROPOSED SETTLEMENT BETWEEN TRUSTEE AND BATEMAN EICHLER

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The trustee in bankruptcy of Leonard Stuart Levy and Jarnel Financial Services, Ltd. has moved for an order approving the settlement of an action against a stock brokerage firm, Bateman Eichler, Hill Richards, Inc. ("Bateman Eichler"), which is one of the various defendants sued by the trustee for having allegedly defrauded the debtors...

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