|
-.
<br />G. On Febrtury 9. 1997, We tnutee filed a Motion b Dismiss the appeal on
<br />the ground Out the appeal wu mace pursuant to 11 U.S.C. G 3(il(m). On March 5, 1997,
<br />the IfllJ filed • Memorandum in Opposition to Dismiss aucrUng that Trinidad Railway wu
<br />not a goad [aith purduser (or value and that mrmingtuf tdief could still be granted N the
<br />from of mmpeessrian.
<br />H. A hearing on the trustee's Motion b Dismiss was M!d betom We United
<br />Stun Disaicl Court for she D'sdrict of Utah oo Iuly 9, 1991 during which the Diwriq Court
<br />oMesed Wal Ilse ease be remarrdM bads b Ne BankNpmy Court for dGaminalion of various
<br />issues.
<br />1. C&W and Ure 117V have agnxd to settle and wmpmmise the appeal on the
<br />turns and corWi6atts ruled herds.
<br />SI7PUTATION ~ ..
<br />Bawd on the foregoing, the pattin hereby dipulata u follows:
<br />1. PaYI>t®1• CgsW shag pay b John MfNia, Kermit Spurcn, Ken Gregory
<br />aced $tCaC Matdvr, orb the Nm Off 1,750.00.
<br />2. Diam'«+1 of Aennt, Upon payment of acid Nms, the UIV shall
<br />rmmediudy Huse Drat an ceder should be ensued ttismitting the appal putting N the
<br />Ueibd SwW District Court for the Distriu of Utah previously deauihed herein. Fact pang
<br />b the appeal shall bear its own amrneys fm and casu in a0ttrrectlOn with the appeal.
<br />3. R t se of ..ms. >'fine UTU, on 6ehaU of ilxlf artd the murt6us of iu
<br />batgainiog unit, tpecifsnlly including Sohn MaNis, Kermit Sperroc, Kra Gregory and Steve
<br />Mamvi, ten tlrrmsdves, aM them htits, estates. snoonsors and assigns, hereby farevet and
<br />itmroably release CdcW, iu put. present and fumrc officers. reprtYCStutives, agenu,
<br />aoomeys, employes, aubsidiarin, paturu, affiliate and their sumesson and assigns from
<br />any and W claims, slcmands, wiu, causes of action, assetiom, liabilities or debu of any
<br />nahue whatsoever. whethu laotrn m unlmown, absolute or tantingent, presently esisting or
<br />huea(ter discovered, pertaining b, mnrrecbd with or arising out o[ tlse sale of tlsc Southero
<br />Division of C&.W b Trinidad Railway aM she appeal.
<br />4. Aaorn4Y; Fees. Should any pury haero default in any of the pmmim or
<br />herein, she dehultiag patty shag pay all casts and npesan iraduding reasonable attorneys'
<br />fees innrtrod by any non-0elaulting parry who prevails in any arson b enforce this
<br />Agrounenl.
<br />5. ~,g+g A~~t. This Sdpulauao dull ennuis the entire agsceotent
<br />bettvtea the parties with regard m the matlers set forth herein and dull be binding upon and -
<br />inuro to the bertelst of the eaeator„ adminidrators, pusocul tepresentarives, heirs,
<br />successors, and assigns o[ each.
<br />6, w,nt-.,,v.., .,,art mn,.-t. This Stipulasioo is Nbject b appsvrJJ by the
<br />abmenptioned court pursuant m Rule 9019, BanWptry Ruln, and alull na be e(tactive
<br />until entry of an order approving tlris settlnrrutt in acoordana a'uh slut rule.
<br />.. ;: ~.
<br />3
<br />q
<br />
<br />
|