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IN RE FRIEDMAN'S, INC.

Bankruptcy No. 05-40129. Adversary No. 07-4043.

372 B.R. 530 (2007)

In the matter of FRIEDMAN'S, INC., et al., Debtor. Alan Cohen as Trustee of the Friedman's Creditor Trust, Plaintiff, v. Ernst & Young, LLP, Ernst & Young Corporate Finance, LLC (n/k/a Guiliani Capital Advisors, LLC), and Wedbush Morgan Securities, Inc., Defendants.

United States Bankruptcy Court, S.D. Georgia, Savannah Division.

May 24, 2007.

Attorney(s) appearing for the Case

David W. Adams, Ellis, Painter, Ratterree & Adams, Paul W. Painter, Jr., Painter, Ratterree & Bart, Savannah, GA, Eric Kanefsky, William C. Fredericks, Bernstein Lotowitz Berger & Grossman LLP, Glenn B. Rice, Otterbourg, Steindler, Houston & Rosen, New York, NY, for Plaintiff.

John A. Chandler, Kristin B. Wilhelm, Patricia A. Gorham, Sutherland Asbill & Brennan LLP, Atlanta, GA, Stephen F. Greenberg, Weiner, Shearouse, Weitz, Greenberg, Aaron L. Buchsbaum, Buchsbaum and Lowe, Savannah, GA, Esther E. Cho, J. Stephen Young, Keesal, Young & Logan, Long Beach, CA, for Defendants.

MEMORANDUM AND ORDER ON THE MOTION OF ERNST & YOUNG LLP AND ERNST & YOUNG CORPORATE FINANCE LLC TO COMPEL ARBITRATION AND STAY ADVERSARY PROCEEDING

LAMAR W. DAVIS, JR., Bankruptcy Judge.

The Plaintiff, as Trustee for the Friedman's Creditor Trust (hereinafter, the Trustee), filed this adversary proceeding against the Defendants on January 12, 2007. See Dckt. No. 1 (January 12, 2007...

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