Legal Opinion

Bodenstein v. KPMG Corporate Finance LLC (In Re DEC International, Inc.)

District Court, W.D. Wisconsin

Decided August 5, 2002No. 02-C-0152-CPublishedCited by 7 opinions

1Opinion of the Court

OPINION AND ORDER

CRABB, Chief Judge.

Appellant Ira Bodenstein, United States Trustee, has appealed from an order entered by the United States Bankruptcy Court on October 10, 2001, allowing debtor to retain KPMG Corporate Finance as its investment adviser to assist in the disposition of certain assets of DEC International and its subsidiaries. The Trustee does not object to the retention of KPMG in and of itself but objects to the fact that the retention agreement includes a provision requiring the debtor to reimburse KPMG for any damages for which it may become liable arising out of its role…

2Cases cited9 opinions

  1. Fed. Sec. L. Rep. P 98,658 Paulette Eichenholtz, Individually and on Behalf of All Others Similarly Situated and Derivatively on Behalf of International Breeders, Inc., and David W. Craig, (Intervenor in d.c.) v. Robert E. Brennan First Jersey Securities, Inc. International Thoroughbred Breeders, Inc. Garden State Racetrack, Inc. Rooney Pace, Inc. First Philadelphia Corporation Kerry B. Fitzpatrick John W. Allen Joseph C. Daniel, Jr. Jack Price Robert J. Quigley Norman Rothstein John J. Degnan Richard J. Hughes Ronald J. Riccio Joseph K. Fisher and Herbert Barness. Larry Salberg, Individually and on Behalf of All Others Similarly Situated and David W. Craig, (Intervenor in d.c.) v. Robert E. Brennan First Jersey Securities, Inc. International Thoroughbred Breeders, Inc. Rooney Pace, Inc. Kerry B. Fitzpatrick Robert J. Quigley John J. Degnan Richard J. Hughes Ronald J. Riccio and Joseph K. Fisher First Jersey Securities, Inc. Rooney Pace, Inc. And First Philadelphia Corporation, No. 94-5253, D.C. Civ. A. Nos. 88-Cv-00515, 88-Cv-00773Court of Appeals for the First Circuit · 1995
  2. In Re Drexel Burnham Lambert Group, Inc.United States Bankruptcy Court, S.D. New York · 1991
  3. Erlich v. First Nat'l Bank of PrincetonNew Jersey Superior Court Appellate Division · 1984
  4. In Re Mortgage & Realty TrustUnited States Bankruptcy Court, C.D. California · 1991
  5. In Re Allegheny International, Inc.United States Bankruptcy Court, W.D. Pennsylvania · 1989

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3Cited by7 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 Boomerang Tube, Inc.United States Bankruptcy Court, D. Delaware · 2016
  3. In Re Friedman's, Inc.United States Bankruptcy Court, S.D. Georgia · 2005
  4. DJS Properties, L.P. v. SimplotDistrict Court, D. Idaho · 2008
  5. In re Hungry Horse, LLCUnited States Bankruptcy Court, D. New Mexico · 2017

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