Local Rule 9019-1: SETTLEMENTS

RULE 9019-1. SETTLEMENTS Motions filed by the trustee or debtor-in-possession pursuant to Bankruptcy Rule 9019 to approve the compromise or settlement of controversies shall be filed in the bankruptcy case and shall be served on the debtor, debtor's counsel, the United States Trustee, and parties who have requested notices in the case. If a proposed settlement or compromise of an adversary proceeding affects the estate, the parties shall file a joint motion for approval of such compromise in the adversary proceeding and in the bankruptcy case and serve the motion upon the debtor, debtor's counsel, the trustee, the United States Trustee, and parties who have requested notice in the case. A motion filed under this rule shall describe with specificity the contentions of the parties and the basis and terms of the settlement. A motion filed under this rule may utilize the procedure for notice of opportunity for hearing contained in Local Rule 9013-1(B). The Court, in its discretion, may set the motion for hearing notwithstanding compliance with the procedures of Local Rule 9013-1(B). A notice of hearing on the motion shall be served on the parties named above pursuant to Bankruptcy Rule 2002(a)(3) and Local Rule 2002-1(A).