Houlihan Hits Back At Judge's Scathing Ruling

Law360, New York (August 11, 2009, 6:36 PM EDT) -- The official committee of unsecured noteholders in the Energy Partners Ltd. bankruptcy case, which was harshly rejected in its attempt to hire investment bank Houlihan Lokey Howard & Zukin Inc., has moved to correct several factual errors and misstatements of law it says the court made.

The noteholders committee acknowledged that the circumstances of the case have obviated its need for a financial advisor. Nevertheless, it said, the court's denial of its right to retain a financial advisor of its choosing and its unwarranted attack on...
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