Legal Opinion

Lazard Freres & Co. v. Adams (In Re Northwest Airlines Corp.)

District Court, S.D. New York

Decided November 10, 2008No. 05-17930 (ALG), 08 Civ. 3456, 08 Civ. 3500(NRB)PublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

NAOMI REICE BUCHWALD, District Judge.

Appellants Lazard Freres & Co. (“Lazard”), financial advisor to the Official Committee of Unsecured Creditors (the “Committee”), and the Committee appeal from the February 29, 2008 decision and order of U.S. Bankruptcy Judge Cecelia G. Morris denying Lazard’s application for a $3.25 million “completion fee.” 1 In re Northwest Airlines Corp., et al., 382 B.R. 632, 652 (Bankr.S.D.N.Y.2008). For the reasons stated herein, this case is remanded to the Bankruptcy Court for further proceedings consistent with this opinion.

BACKGROUND

Northwest…

2Cases cited9 opinions

  1. Blum v. StensonSupreme Court of the United States · 1984
  2. In Re: Manville Forest Products Corporation, DebtorCourt of Appeals for the Second Circuit · 2000
  3. Houlihan Lokey Howard & Zukin Capital v. Unsecured Creditors' Liquidating Trust (In Re Commercial Financial Services, Inc.)Court of Appeals for the Tenth Circuit · 2005
  4. Nevada Power Co. v. Calpine Corp. (In Re Calpine Corp.)District Court, S.D. New York · 2007
  5. Miller Buckfire & Co. v. Citation Corp.Court of Appeals for the Eleventh Circuit · 2007

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3Cited by3 opinions

  1. In re Relativity Fashion, LLCUnited States Bankruptcy Court, S.D. New York · 2017
  2. In Re Northwest Airlines Corp.United States Bankruptcy Court, S.D. New York · 2009
  3. In re Residential Capital, LLCUnited States Bankruptcy Court, S.D. New York · 2014

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