United States Trustee v. First Jersey Securities, Inc.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
SCHWARTZ, Senior District Judge.
This appeal addresses the propriety of the appointment of counsel for a debtor in possession, where the debtor transferred restricted securities to its counsel in payment for pre-petition services on the eve of its filing for bankruptcy. The United States Trustee (“Trustee”) and the Securities and Exchange Commission (“SEC”) contend the law firm of Robinson, St. John, & Wayne (“RSW”) was disqualified from serving as counsel for the debtor, First Jersey Securities, because it held an interest adverse to the debtor’s estate by reason of the…
2Cases cited23 opinions
- Pennsylvania Department of Public Welfare v. DavenportSupreme Court of the United States · 1990
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Universal Minerals, Inc. v. C. A. Hughes & Co.Court of Appeals for the Third Circuit · 1981
- In the Matter of Tolona Pizza Products Corporation, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1993
- In Re Marvel Entertainment Group, Inc.Court of Appeals for the Third Circuit · 1998
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