In Re City Mattress, Inc.
United States Bankruptcy Court, W.D. New York
1Opinion of the Court
CARL L. BUCKI, Bankruptcy Judge.
City Mattress, Inc., the debtor in possession, has moved to employ the law firm of Damon and Morey as its counsel in this Chapter 11 proceeding. In the application for appointment, counsel disclosed that it had received a cash retainer of $15,000, together with a collateral mortgage to secure up to $85,000 of additional fees and disbursements. This mortgage encumbers real property that the debtor leases as tenant for one of its retail outlets. Ownership of the real property rests with a corporation whose stock is owned by the officers and stockholders of the…
2Cases cited5 opinions
- In Re Larry T. & Cynthia J. Martin D/B/A a & W Drive-In Restaurant & Martin's Exxon, Debtors. Appeal of Larry T. & Cynthia J. MartinCourt of Appeals for the First Circuit · 1987
- Board Of Education Of The City Of New York v. Ewald NyquistCourt of Appeals for the Second Circuit · 1979
- Trone v. SmithCourt of Appeals for the Ninth Circuit · 1980
- Emle Industries, Inc. v. Patentex, Inc.Court of Appeals for the Second Circuit · 1973
- In Re Kelton Motors, Inc.United States Bankruptcy Court, D. Vermont · 1989
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