In re DREXEL BURNHAM LAMBERT GROUP, INC., et al., Debtor.
United States Bankruptcy Court, S.D. New York.https://leagle.com/images/logo.png
December 13, 1991.
December 13, 1991.
Attorney(s) appearing for the Case
S. Carwile, B. Rein, and J. Petrruzzelli, Wiley, Rein & Fielding, Washington, D.C., for Frederick H. Joseph.
R. Davis, P. Gruenberger, and A. Miller, Weil, Gotshal & Manges, New York City, for Drexel Burnham Lambert Group, Inc.
M. Flumenbaum, A. Kornberg, and A. Liman, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for Michael R. Milken.
S. Glanzer, Dickstein, Shapiro & Morin, Washington, D.C., for Charles A. Thurnher.
M. Kirschner, Jones, Day, Reavis & Pogue, New York City, for creditors committee.
A. Manning, Wright, Manning, Rips & Maloney, New York City, for Kevin J. Madigan.
R. Millison, Cravath, Swaine & Moore, New York City, for FDIC/RTC.
C. Montgomery, Milgrim, Thomajan & Lee, P.C., New York City, for equity committee.
United States Bankruptcy Court, S.D. New York.
MEMORANDUM OF DECISION ON BANKRUPTCY RULE 9019(a)
FRANCIS G. CONRAD, Bankruptcy Judge.
The single issue1 before this Court is whether or not we should approve a consulting and settlement agreement proposed by Debtor and Joseph, a Drexel insider. If a settlement agreement is fair and equitable and in a debtor's best interest, and those of its creditors', it will be approved. Approval...
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