District Court, E.D. New York January 24, 1986, No. 883-30287-20 (In re Tri-Cor Petroleum, Inc.)

DECISION AND ORDER

ROBERT JOHN HALL, Bankruptcy Judge.

This matter came to be heard by order to show cause on behalf of the trustee of debtor’s chapter 7 bankruptcy estate. The trustee sought approval for a proposed settlement of an adversary proceeding commenced by Ashland Oil to recover damages caused by debtor’s alleged conversion of $800,000 of petroleum.