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IN RE TELCAR GROUP, INC.

No. 804 84600 511.

363 B.R. 345 (2007)

In re: TELCAR GROUP, INC., Debtor.

United States Bankruptcy Court, E.D. New York.

February 13, 2007.

Attorney(s) appearing for the Case

Gary F Herbst, Esq., LaMonica Herbst and Maniscalco, Wantagh, NY, for Chapter 7 Trustee R. Kenneth Barnard.

Robert L Pryor, Esq., Pryor & Mandelup, LLP, Westbury, NY, for Angelo Mignone.

Gary B Sachs, Esq., Hofheimer Garlir & Gross, LLP, Great Neck, NY, for Anthony & Robert Levey.

Gary F Eisenberg, Esq., Windels Marx Lane & Mittendorf, New York, NY, for Ken Bogart.

MEMORANDUM DECISION

MELANIE L. CYGANOWSKI, Chief Judge.

Before the Court is the motion of the Chapter 7 Trustee seeking approval of a proposed stipulation of settlement of the estate's claims against Angelo Mignone ("Mignone"), a former principal of the Debtor1 and Telcar Group Ltd. ("Telcar Group"), a company that sold its assets to the Debtor.

Background

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