United States Bankruptcy Court, E.D. New York February 13, 2007, 1-19-40566 (In Re Telcar Group, Inc.)

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 Debtor

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and Telcar Group Ltd. (“Telcar Group”), a company that sold its assets to the Debtor.