(Bankr. E.D. Ky. Sep. 22, 2015)
The bankruptcy court approves the trustee’s employment applications over the lender’s objections. The lender argued that the professionals sought to be employed were not disinterested for reasons including that they were involved with the case before conversion to chapter 7 and potentially had a conflict with accepting payment from a collateral carve-out. The court approves the applications, except for the provision of a retainer to one of the professionals. Opinion below.
Author: Matt Lindblom