Motion To Approve Compromise Of Controversy {FLMB MACC}

MOTION TO APPROVE COMPROMISE OF CONTROVERSY. This form is used in the United States Bankruptcy Court for the Middle District of Florida to request the court’s approval of a compromise or settlement agreement between parties involved in a dispute within a bankruptcy case. It applies in cases under various chapters of the Bankruptcy Code. The form outlines the procedural requirements for notifying other parties, including a notice of opportunity to object and request a hearing. If no objection is filed within the stated deadline, the court may approve the settlement without holding a hearing. The movant (usually the debtor, trustee, or another party in interest) must describe the nature of the dispute, the terms of the proposed settlement, and include any relevant documentation such as a signed settlement agreement. In certain cases, particularly when necessary, the movant must also address the Justice Oaks factors, which help the court evaluate whether the settlement is fair, equitable, and in the best interest of the estate. The form concludes with a request for approval and includes a proof of service section to confirm that all required parties have been properly notified. www.FormsWorkflow.com