- 11 U.S.C.
In re Sonya D. Intl Inc.
Dec
14
2012
Ruling
Debtors in possession could employ special counsel in trust litigation that was also representing beneficiaries.
Procedural posture
Debtors, debtors in possession (DIPs), sought court approval per 11 U.S.C.S. § 327, to employ additional counsel to represent them in ongoing litigation regarding constructive trusts into which interests in debtors had been transferred by a now-estranged husband and wife. At issue was whether DIPs and their professionals, including counsel, properly might take positions that favored one set of stakeholders over other stakeholders.
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Court
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