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IN RE LABRUM & DOAK, LLP

Bankruptcy No. 98-10215DAS, Adversary No. 98-0393.

227 B.R. 383 (1998)

In re LABRUM & DOAK, LLP, Debtor. OFFICIAL COMMITTEE OF FORMER PARTNERS, Plaintiff, and Official Committee of Unsecured Creditors, Intervening Plaintiff, v. Michael G. BRENNAN, et al., Defendants.

United States Bankruptcy Court, E.D. Pennsylvania, Philadelphia Division.

November 19, 1998.

Attorney(s) appearing for the Case

Neal Colton, Philadelphia, PA, for debtor.

Paul J. Winterhalter, Philadelphia, PA, for Official Committee of Former Partners.

Aris Karalis, Ciardi, Maschmeyer & Karalis, P.C., Philadelphia, PA, for Official Committee of Unsecured Creditors.

Robert Lapowsky, Wayne, PA, for Parsells, Carr, Neeson, Springer, and Salmon.

Robert Szwajkos, Fox, Rothschild, O'Brien & Frankel, Philadelphia, PA, for Barbara Hollenbach.

Michael Menkowitz, Fox, Rothschild, O'Brien & Frankel, Philadelphia, PA, for Kean McDonald.

Gary Bressler, Pelino & Lentz, PC, Philadelphia, Pa, for John Lucey.

James E. O'Neill, III, Stradley, Ronon, Stevens & Young, Philadelphia, PA, for Robert Stern.

Howard Cyr, Harvey, Pennington, Herting & Renneisen, Ltd., Philadelphia, PA, for Leslie Cyr.

Robert J. LaRocca, Philadelphia, Pa, for Ryan Brown Firm.

Frederic Baker, Ass't U.S. Trustee, Philadelphia, PA, for United States Trustee.

OPINION

DAVID A. SCHOLL, Chief Judge.

A. INTRODUCTION

The instant adversary proceeding ("the Proceeding") is an action brought by the Official Committee of Former Partners ("the PF Committee") of a dissolved law firm which is a chapter 11 debtor, LABRUM & DOAK, LLP ("the Debtor"), joined by the intervening Official Committee of Unsecured Creditors ("the UC Committee;" with the FP Committee, "the Plaintiffs"). Therein, the Plaintiffs...

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