Specker Motor Sales Co. v. Sail Eisen, United States Trustee
Court of Appeals for the Sixth Circuit
1Opinion of the Court
BOGGS, Chief Judge.
Donald Bays appeals from the district court’s order requiring him to disgorge the portion of his retainer in excess of his pro rata share of the Specker Motor Sales Company bankruptcy estate. Bays argues that the district court erred in finding that disgorgement is mandatory when necessary to effectuate a pro rata distribution of the estate’s assets. Because we conclude that such disgorgement is mandatory, we affirm the district court.
I
Specker Motor Sales, Inc., entered into Chapter 11 bankruptcy on March 18, 1997. On April 21, 1997, the bankruptcy court authorized Specker…
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