Common Contracts

Settlement Agreement

Settlement Agreement • January 9th, 2016 • New York

• Contract Type
  Settlement Agreement
• Filed
  January 9th, 2016
• Jurisdiction
  New York

Upon consideration of the Motion of the Official Committee of Unsecured Creditors for the above-captioned chapter 11 cases (the “Committee”) seeking approval of a Settlement Agreement (the “Settlement Agreement”) between the Committee and Manchester Securities Corp., Heatherden Holdings LLC, Manchester Library Company LLC, Heatherden Securities LLC, Heatherden Securities Corp., Beverly Blvd 2 Holdings LLC, Beverly Blvd 2 LLC, Elliott Management Corporation, Elliott Associates, L.P., Elliott Capital Advisors, L.P., Elliott International, L.P., Braxton Associates, Inc., and Elliott International Capital Advisors Inc., (collectively, the “Creditor Parties”, and together with the Committee, the “Parties”), dated January 8, 2016, a copy of which is attached as Exhibit A to this Order; and it appearing that proper and adequate notice of the Motion has been given and that no other or further notice need be provided; and the Court having determined that the relief requested is in the best inte