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Legal Opinion

In Re Joan and David Halpern Inc.

United States Bankruptcy Court, S.D. New York

Decided April 4, 2000No. 19-10694PublishedCited by 14 opinions

1Opinion of the Court

MEMORANDUM DECISION REGARDING AGREEMENT TO INDEMNIFY DEBTOR’S FINANCIAL AD-VISORS

STUART M. BERNSTEIN, Chief Judge.

The debtor has applied pursuant to 11 U.S.C. § 327(a) to retain Newmark Retail Financial Advisors LLC (“Newmark”) as its financial advisor. The retention agreement contains a provision obligating the debtor to indemnify Newmark for liability relating to its engagement excluding only liability based on bad faith, gross negligence or willful misconduct. The United States Trustee objected, inter alia, to the indemnity clause. At the hearing held on March 30, 2000,1 overruled her…

2Cases cited13 opinions

  1. In Re Drexel Burnham Lambert Group, Inc.United States Bankruptcy Court, S.D. New York · 1991
  2. In Re Palm Coast, Matanza Shores Limited Partnership, a Connecticut Limited Partnership, Debtor. United States Trustee v. Marvin J. Bloom, TrusteeCourt of Appeals for the Second Circuit · 1996
  3. In Re Mortgage & Realty TrustUnited States Bankruptcy Court, C.D. California · 1991
  4. Stark v. United States Trust Co. of NYDistrict Court, S.D. New York · 1978
  5. In Re Allegheny International, Inc.United States Bankruptcy Court, W.D. Pennsylvania · 1989

8 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. In Re: United Artists Theatre Company, Debtors v. Donald F. Walton, Acting United States Trustee for Region 3 Donald F. WaltonCourt of Appeals for the Third Circuit · 2003
  2. In Re WCI Cable, Inc.United States Bankruptcy Court, D. Oregon · 2002
  3. Unsecured Creditors' Committee, Houlihan, Lokey, Howard & Zukin Financial Advisors, Inc. v. Pelofsky (In Re Thermadyne Holdings Corp.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2002
  4. In Re Metricom, Inc.United States Bankruptcy Court, N.D. California · 2002
  5. In re Boomerang Tube, Inc.United States Bankruptcy Court, D. Delaware · 2016

9 more not listed; retrieve them via the Exa API.

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