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IN RE GOLDEN MANE ACQUISITIONS, INC.

Bankruptcy No. 96-08754-BGC-11.

221 B.R. 963 (1997)

In re GOLDEN MANE ACQUISITIONS, INC., Debtor.

United States Bankruptcy Court, N.D. Alabama, Southern Division.

December 19, 1997.

Attorney(s) appearing for the Case

Eric J. Breithaupt, Birmingham, AL, for Debtor.

Jesse S. Vogtle, Jr., Birmingham, AL, for Alabama Power Company.

W. Dennis Schilling, Birmingham, AL, for Jeffrey Hersh.

Marvin Franklin, Birmingham, AL, for Glenn Mazer.

Edward F. Danowitz, Jr., Atlanta, GA, for Robert Postell.

Order Approving the Compromise with, and the Payment of Monies to, Glenn I. Mazer

BENJAMIN COHEN, Bankruptcy Judge.

I. Findings of Fact and Conclusions of Law

A. Background

On September 3, 1996, the claimant, Glenn I. Mazer, obtained a judgment of approximately $250,000.00 against the debtor; Jeffrey L. Hersh, the sole owner of the debtor; and J. Randle Jackson, the president of the debtor. On October 25, 1996, the claimant recorded that...

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