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IN RE ALTMAN

Bankruptcy No. 94-51898. Adversary No. 00-05130.

302 B.R. 424 (2003)

In re Michael N. ALTMAN, Debtor. Alan Nisselson, Esq., Ch. 11 Trustee, Plaintiff, v. Dr. Roberta Carroll, Joseph Carroll, Michael N. Altman, and Michael N. Altman & Co., Inc., Defendants.

United States Bankruptcy Court, D. Connecticut.

December 4, 2003.

Attorney(s) appearing for the Case

Jon D. Kaplon, Brauner, Baron, Rosenzweig & Klein, LLP, New York City, for plaintiff trustee Alan Nisselson, Esq.

Robert Reichert, Reid & Riege, PC, Hartford, CT, for defendants Dr. Roberta and Joseph Carroll.

Ronald M. Terenzi, Berkman, Henoch, Peterson & Peddy, P.C., Garden City, NY, for objecting creditors Prin Corp., Benjamin Aryeh and Rafael Galleries.

MEMORANDUM AND ORDER ON MOTION TO COMPROMISE

ALAN H.W. SHIFF, Bankruptcy Judge.

On December 13, 2001, the trustee, Roberta Carroll, and Joseph Carroll (collectively, the "Movants") filed the instant motion to compromise this adversary proceeding. The proposed settlement involves a painting by Richard E. Miller known as "Women at tea, Giverny," (the "Painting") which was a component of a 1994 transaction between the debtor and the Carrolls and has already...

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