Case No. 02 B 12059 (Jointly Administered), Claim Nos. 1720 and 2329.United States Bankruptcy Court, N.D. Illinois, Eastern Division.
July 30, 2004
Neal L. Wolf, Todd L. Padnos, Patrick D. Huard, LEBOEUF, LAMB, GREENE MacRAE, LLP, San Francisco, CA, Counsel for the HA 2003 Liquidating Trust.
Edward L. Jensen, Jensen Associates, Houston, TX, Counsel for T. Carl Badgett.
STIPULATION FOR PARTIAL ALLOWANCE OF CLAIMS OF T. CARL BADGETT
CAROL DOYLE, Bankruptcy Judge
THIS STIPULATION is made by and between the HA2003 Liquidating Trust (the “Liquidating Trust”) and creditor T. Carl Badgett (“Badgett”), and is made with reference to the following facts:
A. On or about June 26, 2002, Badgett filed a general, unsecured claim, No. 1720, against HA2003, Inc., formerly known as HA-LO Industries Inc. (“HA-LO”), for $58,822.00 (“Claim No. 1720”).
B. On or about May 24, 2004, the Liquidating Trust filed an Objection To And Request For Disallowance Of Claim Of T. Carl Badgett (Claim No. 1720) (the “Objection”), in which the Liquidating Trust sought an order disallowing Claim No. 1720 in its entirety.
C. In response to the Objection, on or about June 16, 2004, Badgett filed, contemporaneously, a Response To Objection And Request For Disallowance Of Claim Of T. Carl Badgett (the “Response”) and a general, unsecured claim, amending Claim No. 1720, for $33,108.96 (“Claim No. 2329”).
NOW THEREFORE, in consideration for the foregoing facts, which are incorporated herein, the parties stipulate and agree as follows:
1. Claim No. 1720 shall be disallowed in its entirety.
2. Claim No. 2329 shall be allowed as a Class 4 general unsecured claim in the amount of $23,108.96.
3. Each party shall bear its own attorneys’ fees and costs.
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IT IS SO ORDERED.
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