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IN RE BRIDGEPOINT NURSERIES, INC.

Bankruptcy No. 92-30007.

190 B.R. 215 (1996)

In re BRIDGEPOINT NURSERIES, INC., Debtor.

United States Bankruptcy Court, D. New Jersey.

January 2, 1996.

Attorney(s) appearing for the Case

Markowitz and Zindler, Brian W. Hofmeister, Lawrenceville, New Jersey, for Debtor.

Wilentz, Goldman & Spitzer, P.C., Joan Sirkis Lavery, Woodbridge, New Jersey, for Amboy National Bank.

Cohn Bracaglia, John Bracaglia, Jr., Chapter 7 Trustee, Sommerville, New Jersey.

OPINION

WILLIAM H. GINDIN, Chief Judge.

PROCEDURAL BACKGROUND

This matter comes to the court as a hearing on the objection of Bridgepoint Nurseries, Inc. ("debtor") to a proposed settlement of controversy between the chapter 7 trustee and Amboy National Bank ("Amboy").

John Bracaglia, the chapter 7 trustee, filed a notice with this court in order to settle a controversy between Amboy and debtor. Pursuant to the settlement Amboy would receive...

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