Matter of Codesco, Inc.

DECISION ON MOTION OF IU NORTH AMERICA, INC. TO SUSPEND AND DEFER ALL APPLICATIONS FOR COMPENSATION AND DISBURSEMENTS.

HOWARD SCHWARTZBERG, Bankruptcy Judge.

IU North America, Inc. (IU), a creditor with a claim purporting to be secured by all of the debtor’s assets, opposes the applications for interim compensation and disbursements filed on behalf of the attorneys and accountants for the creditors’ committee. IU seeks to defer these applications until such time as there may be assets of the estate available to award interim allowances. The applicants have received no payment for services…