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  5. 77 B.R. 97 (1987)
 

IN RE MICHIGAN GENERAL CORP.

Bankruptcy Nos. 387-32191-A-11, 387-32270-A-11, 387-32190-A-11, 387-32536-A-11, 387-32535-A-11 and 387-32537-A-11.

77 B.R. 97 (1987)

In re MICHIGAN GENERAL CORPORATION, debtor. In re MICHIGAN GENERAL INVESTMENT COMPANY, INC., debtor. In re DIAMOND LUMBER, INC., debtor. In re KRESTMARK, INC. formerly Krestmark of Alabama, Inc., debtor. In re KRESTMARK INDUSTRIES, INC., debtor. In re EASTERN BUILDING SUPPLY COMPANY, INC., debtor.

United States Bankruptcy Court, N.D. Texas, Dallas Division.

As Revised September 16, 1987.

Rehearing Denied September 16, 1987.

Attorney(s) appearing for the Case

Vernon O. Teofan, Freytag, Perry, LaForce, Rubinstein & Teofan, Dallas, Tex., for Unsecured Creditors' Committee for Diamond Lumber.

George McElreath, Asst. U.S. Trustee, N.D. Tex., Dallas, Tex.

Dean M. Gandy, Akin, Gump, Strauss, Hauer, & Feld, Dallas, Tex., for debtors.

John Flowers, Locke, Purnell, Boren, Laney & Neeley, Dallas, Tex., for Republicbank Dallas, Indenture Trustee.

Michael A. McConnel, Kelly, Appleman, Hart & Hallman, Ft. Worth, Tex., for Creditors' Committee for Krestmark Industries, Inc.

Robert Jones, Thompson & Knight, Dallas, Tex., for Arthur Andersen & Co.

REVISED MEMORANDUM OPINION*

HAROLD C. ABRAMSON, Bankruptcy Judge.

This decision concerns the qualifications and responsibilities of professionals who are employed by debtors in possession in reorganization proceedings. The several debtors listed in the caption above have sought to retain the accounting firm of Arthur Anderson & Co. as accountants for the estates and the law firm of...

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