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In re: Lawrence Emerson Toney, Jr. and Jo Ann Duryea, BK 12-77431, Doc. #100

Debtors and other third parties mediated a dispute involving certain claims against the estate. After approval of the settlement agreement, Debtors sought to avoid signing Detailed Releases that were part of the order approving the settlement and that Debtors had previously agreed to sign. The Debtors filed a motion to reconsider the approval of the settlement agreement. The Court denied the motion because vacating the settlement agreement would be prejudicial to other parties who had relied on the order approving the settlement, the motion was untimely, and there were no extraordinary circumstances that warranted vacating the settlement agreement.

Date: 
01/02/2015