Legal Opinion
Bankr. L. Rep. P 75,365 in Re Eagle-Picher Industries, Inc., Debtor. M. Scott Michel Conrad J. Morgenstern v. Eagle-Picher Industries, Inc.
Court of Appeals for the Sixth Circuit
Decided May 6, 1993No. 92-3900PublishedCited by 27 opinions
1Opinion of the Court
RYAN, Circuit Judge.
The United States Trustee, M. Scott Michel, appeals an order of the district court that affirmed a bankruptcy court order allowing the debtors to employ the investment banking firm of Goldman, Sachs & Co. as a financial adviser. The appeal’s sole issue is whether the bankruptcy court erred in concluding that Goldman, Sachs is a disinterested party within the meaning of the bankruptcy code, and so properly able to serve as the debtors’ financial adviser.
Concluding that the bankruptcy code makes it quite clear that Goldman, Sachs is not a disinterested party, we reverse.
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2Cases cited3 opinions
- In Re David G. Zick, Debtor. Industrial Insurance Services, Inc. v. David G. ZickCourt of Appeals for the Sixth Circuit · 1991
- In Re Flo-Lizer, Inc., Debtor. Ciba-Geigy Corporation v. Flo-Lizer, Inc. Official Committee of Unsecured Creditors Banque ParibasCourt of Appeals for the Sixth Circuit · 1991
- Douglas v. BabcockCourt of Appeals for the Sixth Circuit · 1993
3Cited by27 opinions
- United States Trustee v. Price Waterhouse Sharon Steel Corporation Sharon Specialty Steel Inc. Monessen IncCourt of Appeals for the Third Circuit · 1994
- First Interstate Bank of Nevada, N.A. v. CIC Investment Corp. (In Re CIC Investment Corp.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1994
- In Re Dow Corning Corp.District Court, E.D. Michigan · 1997
- Halbert v. YousifDistrict Court, E.D. Michigan · 1998
- In Re Metropolitan Environmental, Inc.United States Bankruptcy Court, N.D. Ohio · 2003
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