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IN RE CALDOR, INC. — NY

Bankruptcy No. 95-B-44030.

193 B.R. 165 (1996)

In re CALDOR, INC. — NY, The Caldor Corporation, Caldor, Inc. — CT, et al., Debtors.

United States Bankruptcy Court, S.D. New York.

February 27, 1996.

Attorney(s) appearing for the Case

Otterbourg, Steindler, Houston & Rosen, P.C., New York City, pro se.

Proskauer Rose Goetz & Mendelsohn L.L.P., Marguerette N. Hosbach, New York City, for Ernst & Young L.L.P.

Kaye, Scholer, Fierman, Hays & Handler, New York City, for debtor.

Zalkin, Rodin & Goodman, New York City, for Chemical Bank as Agent for Pre-Petition Secured Lenders.

MEMORANDUM DECISION ON OBJECTION BY UNITED STATES TRUSTEE TO THE PROPOSED RETENTION OF OTTERBOURG, STEINDLER, HOUSTON & ROSEN, P.C., AND ERNST & YOUNG LLP AS COUNSEL AND ACCOUNTANTS AND FINANCIAL ADVISORS, RESPECTIVELY, TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS

JAMES L. GARRITY, Jr., Bankruptcy Judge.

Bradlees and Caldor (as those terms are defined below) are mid-to high-end discount retail merchandisers with chapter 11 cases...

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