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IN RE ARTRA GROUP, INC.

Bankruptcy No. 02 B 21522. Adversary No. 02-1086.

308 B.R. 851 (2003)

In re ARTRA GROUP, INC., Debtor. Official Committee of Unsecured Creditors of Artra Group, Inc., Plaintiff, v. Artra Group, Inc. and Entrade, Inc., Defendants.

United States District Court, N.D. Illinois, Eastern Division.

November 18, 2003.

Attorney(s) appearing for the Case

Frances Gecker, Neal, Gerber & Eisenberg LLP, Chicago, IL, for Plaintiff.

James A. Chatz, Arnstein & Lehr, Chicago, IL, for Defendant Artra Group, Inc.

Bryan I. Schwartz, Boehm & Pearlstein, Ltd., Chicago, IL, Philip E. Ruben, Levenfeld & Pearlstein, Northfield, IL, for Defendant Entrade, Inc.

MEMORANDUM OPINION

PAMELA S. HOLLIS, Bankruptcy Judge.

This matter comes before the court on the Motion of the Official Committee of Unsecured Creditors of Artra Group, Inc. For Approval of Amended Settlement Agreement and Clarification of Derivative Claims. The Committee wants the court to approve a settlement agreement resolving a pending adversary proceeding. Integrated into the settlement agreement is a permanent injunction barring the pursuit of claims...

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