IN RE COUNTY OF ORANGE

Bankruptcy Nos. SA 94-22272 JR, SA 94-22273 JR.

179 B.R. 195 (1995)

In re COUNTY OF ORANGE, a political subdivision of the State of California; Orange County Investment Pools, an instrumentality of the County of Orange, Debtors.

United States Bankruptcy Court, C.D. California.

March 20, 1995.


Attorney(s) appearing for the Case

Bruce Bennett and Lee Bogdanoff, Stutman, Treister & Glatt, Los Angeles, CA, Special Reorganization Counsel, for debtors.

Patrick A. Murphy, Murphy Weir & Butler, San Francisco, CA, for Orange County Creditors' Committee.

James I. Stang, Pachulski Stang, Ziehl & Young, Los Angeles, CA, for Employee Subcommittee.

Howard Rutten, Marshack & Goe, Santa Ana, CA, for Vendor Subcommittee.

Bennett J. Murphy, Latham & Watkins, Los Angeles, CA, for Bondholder Subcommittee.

David A. Gill, Danning, Gill, Diamond & Kollitz, Los Angeles, CA, for State Street Bank and Trust.

Virginia Anne Housum, Dorsey & Whitney, Denver, CO, for First Trust Nat. Ass'n.

Marcy J.K. Tiffany, Office of U.S. Trustee, Los Angeles, CA.

David M. Card, Bank of America, Los Angeles, CA, for Bank of America.


MEMORANDUM OPINION

JOHN E. RYAN, Bankruptcy Judge.

On February 8, 1995, the County of Orange (the "County") filed a "Motion for Order Approving Comprehensive Fiscal Year 1994-95 Compensation Package for Professionals Retained By Official Committee of Creditors of The County of Orange" (the "Motion"). The Motion provides that professionals employed by individual members of the creditors committee may only receive compensation under the Motion if the court...

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