IN RE DE LAURENTIIS ENTERTAINMENT GROUP, INC.

No. CV 90-3663 WJR, Bankruptcy No. LA-88-17251-AA.

124 B.R. 305 (1991)

In re DE LAURENTIIS ENTERTAINMENT GROUP, INC., a Delaware corporation, and Affiliates, Debtors. The OFFICIAL COMMITTEE OF CREDITORS HOLDING UNSECURED CLAIMS, Appellant, v. PAINEWEBBER INC., Appellee.

United States District Court, C.D. California.

February 22, 1991.


Attorney(s) appearing for the Case

Richard T. Peters, Perry L. Landsberg, Thomas H. Patterson, Sidley & Austin, Los Angeles, Cal., for Official Committee of Creditors Holding Unsecured Claims.

Phillip L. Bosl, Donald J. Schmid, Gibson, Dunn & Crutcher, Los Angeles, Cal., for PaineWebber Inc.

Joseph A. Eisenberg, Peter S. Fishman, Werner Disse, Levene & Eisenberg, Los Angeles, Cal., for debtors.


MEMORANDUM DECISION AND ORDER

REA, District Judge.

The Court has reviewed and considered the moving and opposing papers, the record of the case, the arguments of counsel, the applicable authorities and good cause appearing therefore:

IT IS HEREBY ORDERED that PaineWebber Incorporated's litigation expense claim against the Debtor's Chapter 11 estate is subordinated under 11 U.S.C. § 510(b) to the claims of all other general unsecured creditors...

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