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IN RE McDONALD BROS. CONST., INC.

Bankruptcy No. 90 B 884.

114 B.R. 989 (1990)

In re McDONALD BROS. CONSTRUCTION, INC., Debtor.

United States Bankruptcy Court, N.D. Illinois, E.D.

June 11, 1990.

Attorney(s) appearing for the Case

Max Chill, Steven R. Radtke, Chill, Chill & Radtke, P.C., Chicago, Ill., for applicants.

MEMORANDUM OF DECISION

EUGENE R. WEDOFF, Bankruptcy Judge.

This Chapter 11 case has come before the court on an unusual application, filed by the attorneys for the debtor in possession, seeking "leave to apply" a retainer that they received from the debtor before the case was filed. Because the proper treatment of prepetition retainers is an area of developing law, the court requested briefs on the legal issues raised by the motion, and conducted an informal...

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