In Re Tak Communications, Inc.

MEMORANDUM DECISION

ROBERT D. MARTIN, Chief Judge.

This matter comes before the court on the third application of Weil, Gotshal & Manges (“WGM”) for the allowance of interim compensation and reimbursement of expenses. On January 3, 1991, Tak Communications, Inc. and Tak Broadcasting Corporation (“Tak”) filed for relief under Chapter 11 of the Bankruptcy Code. In an order dated March 3, 1991, I approved the retention of WGM and Foley & Lardner as joint counsel for the unsecured creditors’ committee of Tak. I allowed WGM’s first application for interim compensation of $54,301.00 and reimbursement…