In re JMK Constr. Group Ltd.

Ruling: 
Debtors could not seek to retain joint counsel or accountants where possible contribution claim created conflict.
Procedural posture: 
A jury sitting in the U.S. District Court for the Southern District of New York returned a verdict against debtors, a corporation and three individuals, and the debtors declared Chapter 11 bankruptcy and sought permission under 11 U.S.C.S. § 327 to hire a law firm, special litigation counsel, and an accountant to represent them in their bankruptcy cases. The United States Trustee and a judgment creditor opposed the debtors' requests.
Issue: 
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Commercial case opionion summary, case decided on December 09,2010, LexisNexis #0111-001