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IN RE COPPERFIELD INVESTMENTS, LLC

Bankruptcy No. 07-71327-CEC. Adversary No. 07-8253-CEC.

401 B.R. 87 (2009)

In re COPPERFIELD INVESTMENTS, LLC, Debtor. Plaza Equities LLC, Plaza Investments, and M & O Enterprises, PSP, Inc., Plaintiffs, v. David Pauker as Chapter 11 Trustee of Copperfield Investments, LLC, Defendant-counterclaimant, v. John Kiley and Scott Kiley, Defendant on the counterclaims. Plaza Equities LLC, Plaza Investments, and M & O Enterprises, PSP, Inc., John Kiley, Scott Kiley, Third Party Plaintiffs, v. Gerard M. Bambrick, Esq. and Bambrick & Ryan, Third Party Defendants.

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

February 26, 2009.

Attorney(s) appearing for the Case

Douglas Furth, Esq., Adam Silverstein, Esq., Ancela R. Nastasi, Esq., Anthony Vassallo, Esq., Golenbock, Eisman, Assor Bell & Peskoe, New York, NY, for David Pauker, Chapter 11 Trustee of the estate of Copperfield Investments, LLC.

Daniel Torchio, Esq., Wayne Greenwald, Esq., New York, NY, for John Kiley, Scott Kiley, Plaza Equities LLC, Plaza Investments, and M & O Enterprises, PSP, Inc.

John M. Lundin, Esq., Schlam, Stone & Dolan LLP, New York, NY, Burton Weston, Esq., Afsheen Shah, Esq., Garfunkel Wild & Travis, Great Neck, NY, for Private Capital Group, a Nevada limited liability company, Private Capital Management Corp., and Private Capital Corp.

Martin G. Bunin, Esq., Grant Stein, Esq., William Hao, Esq., Alston & Bird, LLP, New York, NY, for Ficus Investments, LLC and Private Capital Group, a Florida limited liability company.

Valerie Millman, Esq., Office of the United States Trustee, Brooklyn, NY.

DECISION

CARLA E. CRAIG, Chief Judge.

This matter comes before the Court on the motion of David Pauker, the chapter 11 trustee (the "Trustee") of the estate of Copperfield Investments, LLC (the "Debtor") to approve a settlement agreement with John Kiley, Scott Kiley (together, the "Kileys") M & O Enterprises, Inc., PSP, Inc., Plaza Equities LLC and Plaza Investments (collectively, the "Kiley Entities," and with the Kileys, the "Kiley Parties"...

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