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REISS v. HAGMANN

No. 88-1992.

881 F.2d 890 (1989)

Gail Elin REISS a/k/a Gail E. Reiss, Debtor, v. Guilford HAGMANN, Trustee, Plaintiff. BANK OF WOODWARD, Creditor-Appellant, v. Mildred V. FOX, Trustee of the Gail E. Reiss Trust, Defendant-Appellee.

United States Court of Appeals, Tenth Circuit.

July 28, 1989.

Attorney(s) appearing for the Case

John O. Sparks, Woodward, Okl., for creditor-appellant.

Joseph B. Miner of Conner & Little, Oklahoma City, Okl., for defendant-appellee.

Before LOGAN, SEYMOUR and BALDOCK, Circuit Judges.

LOGAN, Circuit Judge.

The issue in this appeal is whether the bankruptcy court abused its discretion in approving a compromise settlement.1

Gail Elin Reiss filed a voluntary petition in bankruptcy under Chapter 7 of the Bankruptcy Code, 11 U.S.C. § 701 et seq. In it she listed only nominal assets and one creditor, the Bank of Woodward (the Bank), to which she said she owed $91,259...

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