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IN RE NAMCO CAPITAL GROUP INC.

BAP No. CC-10-1120-HKiMk, Bk. No. 08-32333-BR.

In re: NAMCO CAPITAL GROUP INC., Debtor. ARIZONA TEMPE TOWN LAKE, LLC, aka ATTL; BUSINESS TO BUSINESS MARKETS, INC., aka B2B; THEODORE KOHAN, Appellants, v. BRADLEY D. SHARP, Chapter 11 Trustee; ROYA BOUCHERIAN, Appellees.

United States Bankruptcy Appellate Panel, Ninth Circuit.

Filed October 27, 2010.

Attorney(s) appearing for the Case

Mark T. Young, Donahoe & Young LLP, argued for Appellants Arizona Tempe Town Lake, LLC, Business to Business Markets, Inc.

David M. Poitras, Jeffer, Mangels, Butler & Marmaro LLP argued for Appellee Bradley D. Sharp, Chapter 11 Trustee.

Jeffery Ian Golden, Weiland, Golden, Smiley, Wang Ekvall & Strok, LLP argued for Appellee Roya Boucherian.

Before: HOLLOWELL, KIRSCHER and MARKELL, Bankruptcy Judges.

NOT FOR PUBLICATION

MEMORANDUM1

This is an appeal from the bankruptcy court's approval of a settlement between the chapter 112 trustee (Trustee) for the debtor, Namco Capital Group, Inc. (Namco or the Debtor), and creditor, Roya Boucherian (Boucherian). The centerpiece of the settlement liquidates a note and deed of trust that the Debtor collaterally assigned to Boucherian by providing for...

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