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MATTER OF INDEPENDENT PIER CO.

Bankruptcy No. 96-12038-SR, No. 97-CV-1632.

210 B.R. 261 (1997)

In the Matter of INDEPENDENT PIER COMPANY, Debtor. In re DECHERT PRICE & RHOADS, Appellant.

United States District Court, E.D. Pennsylvania.

June 27, 1997.

Attorney(s) appearing for the Case

John A. Wetzel, John T. Carroll, III, Swartz, Campbell & Detweiler, Philadelphia, PA, for Independent Pier Co.

Christopher D. Loizides, Dechert, Price & Rhoades, Philadelphia, PA, for Dechert, Price & Rhoades.

Walter Weir, Jr., Weir & Partners, Philadelphia, PA, for Gilbert Abramson.

Bruce Grohsgal, Wolf, Block, Schorr & Solis-Cohen, Philadelphia, PA, for Official Committee of Unsecured Creditors.

Frederic J. Baker, pro se.

MEMORANDUM

RENDELL, District Judge.

BACKGROUND

This matter is before me as a result of the appeal by Dechert Price & Rhoads ("Dechert") of the bankruptcy court's order sustaining objections to Dechert's proof of claim. Dechert had claimed an attorney's charging lien in the amount of $226,513.83 against a fund created upon the settlement, in 1996, of litigation originally initiated by the debtor with Dechert as its counsel, but pursued...

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