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UNITED ARTISTS THEATRE CO. v. WALTON

No. 01-1351.

315 F.3d 217 (2003)

In re: UNITED ARTISTS THEATRE COMPANY, et al., Debtors v. Donald F. WALTON, Acting United States Trustee for Region 3 Donald F. Walton, Appellant.

United States Court of Appeals, Third Circuit.

Filed January 9, 2003.

Attorney(s) appearing for the Case

James H.M. Sprayregen, James W. Kapp, III (Argued), David J. Zott, Kirkland & Ellis, Chicago, IL, for Appellee United Artists Theatre Company, et al.

Richard A. Chesley (Argued), Houlihan Lokey Howard & Zukin, Chicago, IL, for Appellee Houlihan Lokey Howard & Zukin.

Bruce G. Forrest (Argued), United States Department of Justice, Civil Division, Appellate Staff, Washington, DC, for Appellant Acting United States Trustee.

Before: ALITO, RENDELL, and AMBRO, Circuit Judges.

OPINION OF THE COURT

AMBRO, Circuit Judge.

The United States Trustee (the "U.S. Trustee")1 appeals the District Court of Delaware's approval of a bankruptcy debtor's application to retain a financial advisor. Specifically, the U.S. Trustee objects to the debtor's agreement to indemnify the financial advisor for claims of negligence (as opposed to gross negligence) that may be leveled...

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