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IN RE DREIER LLP

Case No. 09-15051 (SMB), Adv. Proc. No. 10-04277 (MG).

In re: DREIER LLP, Chapter 11, Debtor. SHEILA M. GOWAN, Chapter 11 Trustee of DREIER LLP, Plaintiff, v. XERION PARTNERS II MASTER FUND, et al., Defendants.

United States Bankruptcy Court, S.D. New York.

June 16, 2011.

Attorney(s) appearing for the Case

DIAMOND McCARTHY LLP, Attorneys for Sheila M. Gowan, Chapter 11 Trustee for Dreier LLP, New Yor, NY. By: Howard D. Ressler, Esq. , Stephen T. Loden, Esq. , WEIL, GOTSHAL & MANGES LLP

Attorneys for Defendants Xerion Partner Partners II Master Fund II, Ltd. and Perella Weinberg Partners Xerion Fund Master Fund, Ltd., New York, NY. By: Jonathan D. Polkes, Esq. , Richard W. Slack, Esq. , Robert J. Lemons, Esq. , Margarita Platkov, Esq. , KLESTADT & WINTERS, LLP, Attorneys for Official Committee of Unsecured Creditors New York, NY. By: Tracy L. Klestadt, Esq.

MEMORANDUM OPINION GRANTING TRUSTEE'S MOTION TO APPROVE SETTLEMENT PURSUANT TO FED. R. BANKR. P. 9019

MARTIN GLENN, Bankruptcy Judge

Pending before the Court is the Motion Pursuant to Federal Rule of Bankruptcy Procedure 9019 and 11 U.S.C. § 363 For an Order Authorizing and Approving Settlement Agreement Between the Chapter 11 Trustee, Sheila M. Gowan, and Xerion Partners II Master Fund, Ltd./Perella Weinberg Partners Xerion...

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