HomeBanc Trustee Looks To Hire Special Counsel

Law360, New York (April 24, 2009, 12:00 AM EDT) -- The trustee overseeing HomeBanc Mortgage Corp.'s Chapter 7 liquidation has asked a bankruptcy judge for permission to employ Kaufman Coren & Ress PC as special counsel in its litigation against Bear Stearns Cos. Inc. over securities repurchase agreements between Bear and HomeBanc.

George L. Miller, the court-appointed Chapter 7 trustee in HomeBanc's bankruptcy, said in a motion filed Thursday in the U.S. Bankruptcy Court for the District of Delaware that Kaufman Coren had “extensive experience in bankruptcy, insolvency, corporate reorganization, debtor/creditor law and commercial litigation matters.”...
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