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GRAVEL, SHEA & WRIGHT v. NEW ENGLAND CARPET CO.

Civ. A. Nos. 82-435, 83-148.

38 B.R. 703 (1983)

GRAVEL, SHEA & WRIGHT, LTD. v. NEW ENGLAND CARPET CO. and In re NEW ENGLAND CARPET CO., Joseph C. Palmisano, Esq., Trustee.

United States District Court, D. Vermont.

November 16, 1983.

Attorney(s) appearing for the Case

Norman C. Williams of Gravel, Shea & Wright, Ltd., Burlington, Vt., for petitioner Gravel, Shea & Wright.

Joseph C. Palmisano, Barre, Vt., Trustee in Bankruptcy, pro se.

Matthew Katz of Latham, Eastman, Schweyer & Tetzlaff, Burlington, Vt., for Merchants Bank.

Bertin C. Emmons of Kaye, Fialkow, Richmond & Rothstein, Boston, Mass., for Bank of New England.

Andrew R. Field, Montpelier, Vt., for the Vermont Development Credit Corp.

Charles E. Gibson, Jr. of Gibson, Noble & Goodrich, Montpelier, Vt., for Vermont Indus. Development Corp.

MEMORANDUM OF DECISION

HOLDEN, District Judge.

These are two bankruptcy appeals arising out of the debtor's Chapter 11 reorganization attempt which, after it failed, was converted to a Chapter 7 liquidation. Gravel, Shea and Wright, Ltd., a Burlington law firm, has represented the debtor, New England Carpet Co., in these bankruptcy proceedings. Pursuant to an agreement between them, the debtor promised to compensate Gravel, Shea and Wright but no retainer...

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