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MATTER OF FEDERATED DEPT. STORES, INC.

Bankruptcy No. 1-90-00130.

114 B.R. 501 (1990)

In the Matter of FEDERATED DEPARTMENT STORES, INC. and Allied Stores Corporation, et al., Debtors.

United States Bankruptcy Court, S.D. Ohio, W.D.

May 22, 1990.

Attorney(s) appearing for the Case

David G. Heiman, Jones Day Reavis & Pogue, Cleveland, Ohio, for debtors.

Paul H. Spaeth, Charles Caldwell, Office of the U.S. Trustee for the Ninth Region, Conrad J. Morgenstern, Columbus, Ohio, Neal J. Weill, Office of U.S. Trustee, Cincinnati, Ohio, for U.S. Trustee.

Lewis S. Rosenbloom, Winston & Strawn, Chicago, Ill., for Official Committee of Unsecured Creditors — Federated.

Lawrence M. Handelsman, Strook Strook & Levan, New York City, for Official Committee of Federated Bondholders.

DECISION AND ORDER

J. VINCENT AUG, Jr., Bankruptcy Judge.

This matter is before the Court on the application of the Debtors in Possession ("Debtors") to employ Shearson Lehman Hutton, Inc. as financial advisors ("Shearson"). The United States Trustee, the Official Committee of Unsecured Creditors of the Federated Debtors and the Official Committee of Federated Bondholders' objected to the Shearson application. The...

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