In Re: United Artists Theatre Company, Debtors v. Donald F. Walton, Acting United States Trustee for Region 3 Donald F. Walton
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
AMBRO, Circuit Judge.
The United States Trustee (the “U.S. *222Trustee”)1 appeals the District Court of Delaware’s approval of a bankruptcy debt- or’s application to retain a financial advis- or. Specifically, the U.S. Trustee objects to the debtor’s agreement to indemnify the financial advisor for claims of negligence (as opposed to gross negligence) that may be leveled against it. We first address whether the U.S. Trustee has standing to bring this suit, and determine that he does. Next we examine whether subsequent confirmation of the reorganization plan renders this case…
2Cases cited25 opinions
- Church of Scientology of California v. United StatesSupreme Court of the United States · 1992
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware · 1994
- Fed. Sec. L. Rep. P 98,860 Athalie Doris Joy v. Nelson L. North, Nelson L. NorthCourt of Appeals for the Second Circuit · 1982
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- In Re Coram Healthcare Corp.United States Bankruptcy Court, D. Delaware · 2004
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