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Official Committee of Unsecured Creditors v. Syroco

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF NEW YORK


January 15, 2008

OFFICIAL COMMITTEE OF UNSECURED CREDITORS, APPELLANT,
v.
SYROCO, INC., RESPONDENT.

The opinion of the court was delivered by: Hon. Norman A. Mordue, Chief U.S. District Judge

MEMORANDUM-DECISION AND ORDER

Appellant moves (Dkt. No. 6) to dismiss its appeal from the "Supplemental Order Authorizing Debtor to Pay Pre-petition Claims of Certain Critical Service Providers," issued on August 15, 2007 by United States Bankruptcy Court for the District of Puerto Rico (Dkt. No. 1, Attachment 3).*fn1 In so moving, appellant relies on Bankruptcy Court orders evidencing the parties' agreement that appellant will dismiss the appeal and Westernbank Puerto Rico will fund a carve-out to pay professional fees in the underlying bankruptcy case in the sum of $700,000 and general unsecured creditors in the sum of $330,000.

Having received notification of appellee's consent (Dkt. No. 7) to the relief requested by appellant, the Court grants the motion and dismisses the appeal.

It is therefore ORDERED that appellant's motion (Dkt. No. 6) to dismiss the appeal is granted.

IT IS SO ORDERED.


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