Case No. 399-02649, Jointly AdministeredUnited States Bankruptcy Court, M.D. Tennessee
January 6, 2004
Paul G. Jennings, Esq., Bass, Berry Sims PLC, Nashville, TN, for Debtors and Debtors-in-Possession
Patrick J. Nash, Jr., Esq., Skadden, Arps, Slate, Meagher Flom (Illinois), Chicago, IL, for Debtors and Debtors-in-Possession
William L. Norton, III, Esq., Boult, Cummings, Conners Berry, PLC, Nashville, TN, for Gibson Guitar Corp, (Gibson Musical Instruments)
AGREED ORDER PARTIALLY ALLOWING AND PARTIALLY DISALLOWING CLAIM NO. 3901 GIBSON GUITAR CORP. (GIBSON MUSICAL INSTRUMENTS)
GEORGE PAINE, Chief Judge, Bankruptcy
Service Merchandise Company, Inc. (“Service Merchandise”) and 31 of its affiliates (the “Affiliate Debtors”), debtors and debtors-in-possession in the above-captioned cases (Service Merchandise and the Affiliate Debtors collectively, the “Debtors”) and Gibson Guitar Corp. (Gibson Musical Instruments) (the “Claimant”), having agreed with respect to the allowable amount of Claim No. 3901 (the “Claim”), and it appearing that the agreed relief is in the best interest of the Debtors, their estates, creditors and other parties in interest; all parties in interest having been heard or having had the opportunity to be heard, and no other or further notice of the Request, Response, or the entry of this Order need be provided, and upon the entire record herein; and good and sufficient cause appearing therefor,
IT IS HEREBY ORDERED AND DIRECTED AS FOLLOWS:
1. The Claim is ALLOWED in the amount of $100,000.00.
2. The balance of the Request is DISALLOWED with prejudice.
3. The Debtors hereby waive any right of setoff against the remaining Claim.