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Full title: Order Granting Motion to Compromise and/or Settle under Fed.R.Bankr.P. 9019 (re: Doc # 3124). Attorney for the debtor must distribute this order. (btw) (Entered: 02/23/2021)

Document posted on Feb 22, 2021 in the bankruptcy, 2 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

This matter came before the Court on the Motion of the Debtors for Order Approving Settlement of Claims Filed by Illinois Department of Revenue (the “Motion”)2 [Docket No. 3124] filed by hhgregg, Inc. and its above-captioned affiliated debtors and debtors-in-possession (each a “Debtor” and collectively, the “Debtors”). The Court having reviewed the Motion and having found that (i) the Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334, (ii) venue is proper in this district pursuant to 28 U.S.C. §§ 1408 and 1409, (iii) this matter is a core proceeding pursuant to 28 U.S.C. § 157(b)(2), (iv) [no objections were filed to the Motion], 1 The Debtors in these cases, along with the last four digits of each Debtor’s federal tax identification number, are: hhgregg, Inc. (0538); Gregg Appliances, Inc. (9508); and HHG Distributing LLC (5875).and (v) the terms of the proposed settlement described in the Motion are fair and equitable and in the best interest of the estates; after due deliberation, the Court having determined that the relief requested in the Motion is necessary and appropriate and that such relief is in the best interests of the Debtors, their estates, their creditors, and all parties in interest; and good and sufficient cause having been shown, now finds that the Motion should be granted.Claim No. 1019 against Gregg Appliances, Inc. is hereby allowed in the amount of only (a) $125,000, which shall be afforded administrative priority treatment pursuant to section 503(b) of the Bankruptcy Code, and (b) $350,000, which shall be afforded priority treatment pursuant to section 507(a)(8), with any and all additional amounts sought in ClaimClaim Nos. 1286, 1313, and 1314 and all other claims of the Illinois Department of Revenue against the Debtors are hereby disallowed in their entirety, and the official claims register in these bankruptcy cases shall be modified to reflect this Order.

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______________________________ Jeffrey J. Graham United States Bankruptcy Judge IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF INDIANA INDIANAPOLIS DIVISION In re: Chapter 11 hhgregg, Inc., et al.,1 Case No. 17-01302-JJG-11 Debtors. (Jointly Administered) ORDER GRANTING MOTION OF THE DEBTORS FOR ORDER APPROVING SETTLEMENT OF CLAIMS FILED BY ILLINOIS DEPARTMENT OF REVENUE This matter came before the Court on the Motion of the Debtors for Order Approving Settlement of Claims Filed by Illinois Department of Revenue (the “Motion”)2 [Docket No. 3124] filed by hhgregg, Inc. and its above-captioned affiliated debtors and debtors-in-possession (each a “Debtor” and collectively, the “Debtors”). The Court having reviewed the Motion and having found that (i) the Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334, (ii) venue is proper in this district pursuant to 28 U.S.C. §§ 1408 and 1409, (iii) this matter is a core proceeding pursuant to 28 U.S.C. § 157(b)(2), (iv) [no objections were filed to the Motion], 1 The Debtors in these cases, along with the last four digits of each Debtor’s federal tax identification number, are: hhgregg, Inc. (0538); Gregg Appliances, Inc. (9508); and HHG Distributing LLC (5875). The location of the Debtors’ corporate headquarters is 4151 East 96th Street, Indianapolis, Indiana 46240.

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and (v) the terms of the proposed settlement described in the Motion are fair and equitable and in the best interest of the estates; after due deliberation, the Court having determined that the relief requested in the Motion is necessary and appropriate and that such relief is in the best interests of the Debtors, their estates, their creditors, and all parties in interest; and good and sufficient cause having been shown, now finds that the Motion should be granted. Accordingly, it is HEREBY ORDERED THAT: 1. The Motion is GRANTED in its entirety. 2. The Settlement Agreement attached to the Motion as Exhibit B, and the settlement described therein, is approved pursuant to sections 105(a), 363(b), 502, 503, 505 and 507 of the Bankruptcy Code, Bankruptcy Rules 4001, 6004, and 9019(a), and Local Rule B-9019-1. 3. Claim No. 1019 against Gregg Appliances, Inc. is hereby allowed in the amount of only (a) $125,000, which shall be afforded administrative priority treatment pursuant to section 503(b) of the Bankruptcy Code, and (b) $350,000, which shall be afforded priority treatment pursuant to section 507(a)(8), with any and all additional amounts sought in Claim No. 1019 being disallowed. Claim Nos. 1286, 1313, and 1314 and all other claims of the Illinois Department of Revenue against the Debtors are hereby disallowed in their entirety, and the official claims register in these bankruptcy cases shall be modified to reflect this Order. 4. The Debtors are authorized and empowered to settle the Claims pursuant to the terms set forth in the Settlement Agreement, and to take all steps necessary to carry out and otherwise effectuate the terms, conditions and provisions of the Settlement Agreement. # # #

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