Doc1039 motion granted robert oneil_paul ballard_todd hickman_approval_settlement & compromise

1. ORDER GRANTING TRUSTEE’S MOTION TO APPROVE COMPROMISE AND SETTLEMENT PAGE 1 OF 2
4830-0709-7382
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE NORTHERN DISTRICT OF TEXAS
DALLAS DIVISION
IN RE: § CASE NO. 09-33918-HDH
FIRSTPLUS FINANCIAL GROUP, INC. § Chapter 11
§
Debtor. §
§
ORDER GRANTING TRUSTEE’S MOTION TO APPROVE COMPROMISE AND
SETTLEMENT WITH DEFENDANTS ROBERT O’NEAL, PAUL BALLARD AND
TODD HICKMAN IN ADVERSARY CASE NO. 11-03397-HDH
ON THIS DAY, came on for consideration the Motion to Approve Compromise and
Settlement with Defendants in Adversary Case No. 11-03397-HDH (the “Motion”) filed by
Matthew D. Orwig, the duly-appointed Chapter 11 Trustee and Liquidating Trustee of the
FirstPlus Financial Group, Inc. bankruptcy estate (the “Trustee”), pursuant to Rule 9019 of the
Federal Rules of Bankruptcy Procedure, seeking approval of a settlement and compromise of
certain disputes between the estate and the defendants, Robert O’Neal, Paul Ballard and Todd
Hickman (collectively referred as “Defendants”) in Adversary No. 11-03397-hdh. All interested
parties having been afforded adequate notice of the Motion and an opportunity to be heard, and
no objection having been filed to the Motion; and it appearing that the Court has jurisdiction over
ENTERED
ON THE COURT'S DOCKET
Signed October 5, 2015
______________________________________________________________________
NORTHERN DISTRICT OF TEXAS
THE DATE OF ENTRY IS
U.S. BANKRUPTCY COURT
United States Bankruptcy Judge
The following constitutes the ruling of the court and has the force and effect therein described.
TAWANA C. MARSHALL, CLERK
Case 09-33918-hdh11 Doc 1039 Filed 10/05/15 Entered 10/05/15 12:01:02 Page 1 of 2

2. ORDER GRANTING TRUSTEE’S MOTION TO APPROVE COMPROMISE AND SETTLEMENT PAGE 2 OF 2
4830-0709-7382
this matter; the Court having reviewed and considered (i) the Motion and the various notices and
certificates of service of record herein, of which the Court takes judicial notice and (ii) the
arguments of counsel made and the evidence presented with the motion; it appearing that the
relief requested in the Motion is in the best interests of the bankruptcy estate, its creditors and
other parties in interest; and after due deliberation thereon; the Court finds that this Court has
jurisdiction over this matter, notice has been duly provided and the Trustee has established a
good business justification and good cause for approval of the proposed settlement and
compromise; accordingly, it is
ORDERED that the Motion shall be and is hereby granted as provided herein; it is further
ORDERED that the Settlement Agreement between the Trustee and defendants Robert
O’Neal, Paul Ballard and Todd Hickman attached to the Motion shall be and is hereby approved;
it is further
ORDERED that the Trustee shall be and is hereby authorized to take any and all actions
necessary and appropriate to consummate the settlement, including, without limitation, executing
the Settlement Agreement and any other papers as deemed necessary and appropriate to
effectuate the settlement.
IT IS SO ORDERED.
### END OF ORDER###
Case 09-33918-hdh11 Doc 1039 Filed 10/05/15 Entered 10/05/15 12:01:02 Page 2 of 2