Order Approving Cutler-Seidel Settlement in Atomic Paintball, Inc. Bankruptcy Case

Summary

This court order, issued by the U.S. Bankruptcy Court for the Northern District of Texas, approves a settlement agreement between the Chapter 7 Trustee, Scott M. Seidel, and creditor David Cutler, along with the Brech Parties, in the bankruptcy case of Atomic Paintball, Inc. The order grants an unopposed motion to approve the settlement, resolving certain claims in the bankruptcy proceedings. The parties involved have agreed to the terms, and the court has formally authorized the settlement as part of the case resolution.

EX-10.2 3 ex10-2.txt EXHIBIT 10.2 Court Order IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION IN RE: ss. ss. CASE NO. 09-34008-SGJ7 ATOMIC PAINTBALL, INC. ss. ss. DEBTOR. ss. Chapter 7 ORDER GRANTING UNOPPOSED AMENDED MOTION PURSUANT TO ss.ss.105, 502, AND 502 AND FED. R. BANKR. P. 9019 FOR ORDER APPROVING CUTLER-SEIDEL SETTLEMENT CAME ON FOR CONSIDERATION, the Unopposed Amended Motion Pursuant to ss. 105, 502, and 502 and Fed. R. Bankr. P. 9019 for Order Approving Cutler-Seidel Settlement (the "Unopposed Amended Motion to Approve Settlement") filed by Proposed Counsel for Trustee and Creditor David Cutler. The Court having considered same, it is accordingly, ORDERED, ADJUDGED AND DECREED that the Unopposed Amended Motion to Approve Settlement is hereby approved; and it is further 1 AGREED: /s/ Scott M. Seidel ------------------------------------ Scott M. Seidel Scott M. Seidel, Chapter 7 Trustee SEIDEL LAW FIRM #357 Suite ###-###-#### West Park Boulevard Plano, Texas 75093 Telephone: (214) 234-2500 Proposed Counsel for Trustee - and by - /s/ Alex More ------------------------------------ Monica W. Latin State Bar No. 00787881 ***@*** Todd A. Murray State Bar No. 00794350 ***@*** J. Michael Sutherland State Bar No. 19524200 ***@*** Alexander More State Bar No. 24065789 ***@*** CARRINGTON, COLEMAN, SLOMAN & BLUMENTHAL, L.L.P. 901 Main Street, Suite 5500 Dallas, Texas 75202 Telephone: 214 ###-###-#### Facsimile: 214 ###-###-#### Attorneys for Creditor David Cutler 2 Agreed as to Paragraph 13 of the Unopposed -------------------------------------------- Amended Motion to Approve Settlement ------------------------------------ SESSIONS, FISHMAN, NATHAN & ISRAEL, L.L.P. /s/ David Clouston ------------------------------------------- David Clouston, State Bar No. 00787523 900 Jackson St. Suite 440 Dallas, TX 75202 Ph: 214 ###-###-#### Fax: 214 ###-###-#### ***@*** - and by - ONSAGER, STAELIN & GUYERSON, LLC /s/ Christian C. Onsager ------------------------------------------- Christian C. Onsager, CBN 6889 1873 S. Bellaire St., Suite 1401 Denver, Colorado 80222 Ph: (303) 512-1123 Fax: (303) 512-1129 ***@*** Attorneys for the Brech Parties # # # END OR ORDER # # # 3