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IN RE MERRY-GO-ROUND ENTERPRISES, INC.

Bankruptcy No. 94-5-0161-SD to 94-5-0163-SD, 94-5-3774-SD.

244 B.R. 327 (2000)

In re MERRY-GO-ROUND ENTERPRISES, INC., MGR Distribution Corporation MGRR, Inc. and Alameda Chess King, Inc., et al., Debtors.

United States Bankruptcy Court, D. Maryland, at Baltimore.

January 27, 2000.

Attorney(s) appearing for the Case

Joel I. Sher, Shapiro & Olander, Baltimore, Maryland, for trustee.

Deborah Hunt Devan, Neuberger, Quinn, Gielen, Rubin & Gibber, Baltimore, MD, for Chapter 7 Trustee.

Paul M. Nussbaum, Ward B. Coe, Whiteford, Taylor & Preston, LLP, Baltimore, Maryland, Stephen L. Snyder, Snyder, Weiner, Weltchek, Vogelstein & Brown, Baltimore, Maryland, for Snyder, Weiner, Weltchek, Vogelstein & Brown.

Irving E. Walker, Joel L. Perrell, Jr., Miles & Stockbridge, Baltimore, Maryland, Bruce R. Zirinsky, Cadwalader, Wickersham & Taft, New York City, for Fidelity Management & Research Company.

David M. Friedman, Lorie R. Beers, Kasowitz, Benson, Torres & Friedman, New York City, for Bears, Stearns & Co., Inc.

Karen H. Moore, Assistant U.S. Trustee, Office of the U.S. Trustee, Baltimore, Maryland, for the U.S. Trustee.

MEMORANDUM OPINION AWARDING FEE TO SNYDER, WEINER, WELTCHEK, VOGELSTEIN, & BROWN, AS SPECIAL LITIGATION COUNSEL TO THE CHAPTER 7 TRUSTEE

E. STEPHEN DERBY, Bankruptcy Judge.

I. Issue Presented

Is a deal a deal when the deal is an attorney's contingent fee agreement with a Chapter 7 bankruptcy trustee that hit a home run? The court concludes on the facts of this case that the answer is yes; and payment to special counsel based on...

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