In re Equaphor Inc.
May
14
2012
Ruling
Law firm that withdrew from representing debtor in shareholder derivative suit ordered to turn over files to trustee, subject to privilege.
Procedural posture
Debtor corporation filed a petition under chapter 7 of the Bankruptcy Code, and a trustee was appointed to administer the debtor's bankruptcy estate. The trustee filed a motion seeking an order under 11 U.S.C.S. § 542(e) which required a law firm that had represented the debtor and three of its current or former directors to turn over files the firm possessed. The firm and the directors filed an objection.
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Court
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