Opinion ID: 871200
Heading Depth: 2
Heading Rank: 2

Heading: The good faith settlement determination

Text: On July 21, 2009, in the adversary proceeding, the Changs filed a notice of settlement with Investors Funding, among other parties, and petitioned the bankruptcy court for a determination, pursuant to Hawai`i Revised Statutes (HRS) § 663-15.5(b), [4] that the settlement was made in good faith. The bankruptcy court issued an order on December 2, 2009 granting the Changs' petition pursuant to HRS § 663-15.5. [5] The order stated in relevant part: This order does not decide whether the Uniform Contribution among Tortfeasors Act [HRS] § 663-11-663.17[sic]) applies to any of the claims in this case. This order does decide, however, that the settlement was made in good faith within the meaning of [HRS] § 663-15.5.