SETTLEMENT AND DISMISSAL.

U.S. Bankruptcy Court for the Eastern District of Texas

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the Eastern District of Texas

Rule: 7041-1

Jurisdiction: EDTXB

Bluebook Citation: Bankr. E.D. Tex. L.R. AT R. 7041-1

All Rules: Bankr. E.D. Tex. L.R. AT Local Bankruptcy Rules, complete index


Text

(a) (b) Settlement of Controversies Which Impact Bankruptcy Estate A motion to compromise must comply with Federal and Local Rules of Bankruptcy Procedure 2002(a), 9014, and 9019. Such motion, and any proposed order approving such a motion, shall be filed in the underlying bankruptcy case. Disposition of Adversary Upon Settlement Approval Upon the entry of an order approving a compromise and settlement in the underlying bankruptcy case, the parties shall submit to the Court either a final judgment based upon the approved settlement or an agreed order dismissing the adversary proceeding.

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