In re MICKEY THOMPSON ENTERTAINMENT GROUP, INC., Debtor.
Michael Goodwin, Appellant,
v.
Mickey Thompson Entertainment Group, Inc.; Thomas M. Casey, Chapter 7 Trustee; United States Trustee; SFX Motor Sports, Inc.; SFX Entertainment, Inc.; Clear Channel Communications, Inc.; Madison Square Garden, Inc.; and Danny Thompson, Appellees.
United States Bankruptcy Appellate Panel of the Ninth Circuit.https://leagle.com/images/logo.png
Argued and Submitted February 21, 2003.
Filed April 9, 2003.
Attorney(s) appearing for the Case
Robert P. Goe, Goe & Forsythe, LLP, Newport Beach, CA, for Michael Goodwin.
Reem J. Bello, Albert, Weiland & Golden, LLP, Costa Mesa, CA, for Thomas M. Casey, Ch. 7 Trustee.
Craig A. Barbarosh, Pillsbury Winthrop, LLP, Costa Mesa, CA, for SFX Motor Sports, Inc., SFX Entertainment, Inc., Clear Channel Communications.
Before MONTALI, KLEIN and MARLAR, Bankruptcy Judges.
United States Bankruptcy Appellate Panel of the Ninth Circuit.
OPINION
MONTALI, Bankruptcy Judge.
A Chapter 71 trustee sought approval of a compromise between the bankruptcy estate and certain parties against whom the estate held potential fraudulent transfer claims. A creditor opposed the compromise and a third party offered to purchase the claims for an amount higher than the settlement offer. In response, the trustee changed his strategy, treating his intended action as it really...
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