Cajun Electric Power Cooperative Inc. v. Cajun Electric Power Cooperative Inc‪.‬

BENAVIDES, Circuit Judge: Cajun Electric Power Cooperative, Inc. (""Cajun"") is a non-profit rural electrical power cooperative that made an imprudent investment in a nuclear power plant and is now a Chapter 11 debtor. In this bankruptcy appeal, a committee representing more than 500 unsecured trade creditors asserting claims of approximately $7 million objects to the settlement of litigation between Cajun and its two largest creditors. The district court, having withdrawn the reference to the bankruptcy court in order to superintend the case directly, approved the settlement.