In re Hutch Holdings Inc.

Debtor's counsel sanctioned by not allowing compensation for any fees and expenses resulting from failure to comply with disclosure requirements.
Should debtor's counsel be sanctioned for failing to disclose to the court that they had also represented debtor's equity owner in a chapter 11 case?
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Commercial case opionion summary, case decided on March 31,2015, LexisNexis #0515-002