In re Brownlee (17-70283)

The Chapter 7 Trustee moved for the Court to approve a proposed settlement to resolve an adversary proceeding, Kelley v. Lee, et al. AP 18-07009. Synovus Bank objected to the settlement. After reviewing the four factors bankruptcy courts consider when approving settlements outlined in In re Justice Oaks II, Ltd., 898 F.2d 1544 (11th Cir. 1990), the Court found the Trustee carried his burden and the proposed settlement was within the range of reasonableness. Therefore, the Court approved the Trustee’s settlement.

Thursday, February 4, 2021