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IN RE LABRUM & DOAK, LLP

Bankruptcy No. 98-10215DAS, Adversary No. 98-0273.

227 B.R. 391 (1998)

In re LABRUM & DOAK, LLP, Debtor. OFFICIAL COMMITTEE OF UNSECURED CREDITORS, on Behalf of the ESTATE OF LABRUM & DOAK, a Pennsylvania General Partnership, Plaintiff, v. Karen M. ASHDALE, Perry S. Bechtle, Robert F. Blanck, Michael G. Brennan, John R. Brown, Gerald Bruderele, Jacqueline M. Carolan, R. Michael Carr, Leslie M. Cyr, Zachery R. Estrin, Carl R. Fogelberg, Thomas P. Grace, Jonathan G. Greystone, James O. Hausch, Jonathan Herbst, James D. Hilly, Barbara L. Hollenbach, Mary M. Jacobs, Maureen A. Jordan, Thomas C. Kaczke, Douglas J. Kent, J. Stephen Kreglow, Michael R. Krekstein, John F. Ledwith, John D. Lucey, Jr., Edwin F. McCoy, Kean K. McDonald, William J. McKee, Scott H. Mustin, James M. Neeley, Peter J. Neeson, John H. Osorio, David J. Parsells, Jan M. Ritchie, Daniel J. Ryan, John E. Salmon, Paul M. Silver, Stephen J. Springer, Robert J. Stern, Pamela Tobin, Ronald J. Uzdavinis, Patrick R. Vitullo, John L. White, Merle A. Wolfson, Defendants.

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

December 4, 1998.

Attorney(s) appearing for the Case

Neal Colton, Philadelphia, PA, for debtor.

Aris J. Karalis, Philadelphia, PA, for Official Committee of Unsecured Creditors.

Michael P. Zipfel, Rawle & Handerson, LLP, Philadelphia, PA, for Rawle & Henderson.

Robert Szwajkos, Lavin, Coleman, O'Neill, Ricci, Finarelli & Gray, Philadelphia, PA, for Barbara Hollenbach.

Thomas C. Kaczka, Marshall Dennehey Warner Coleman & Goggin, Philadelphia, PA, pro se and for Marshall.

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

Carl R. Fogelberg, Fogelberg & Associates, New York City, pro se.

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

OPINION

DAVID A. SCHOLL, Chief Judge.

A. INTRODUCTION

Presently before us in the instant bankruptcy case of a dissolved law firm, LABRUM & DOAK, LLP ("the Debtor"), is the disposition of an adversary proceeding ("the Proceeding") instituted by the OFFICIAL COMMITTEE OF UNSECURED CREDITORS ("the Committee"), on behalf of the Debtor, to recover certain post-dissolution income earned by the Debtor's former partners in matters billed...

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