Trustee Objects To Marcal Creditors' Counsel

Law360, New York (July 19, 2007, 12:00 AM EDT) -- The U.S. Trustee overseeing Marcal Paper Mills Inc.'s Chapter 11 proceedings on Wednesday seconded an objection to a request by the unsecured creditors committee to hire a special environmental counsel, Wilson Elser Moskowitz Edelman & Dicker LLP, saying that the proposed counsel has a conflict of interest.

The creditors committee asked Judge Morris Stern on July 11 to approve the retention of Wilson Elser as special environmental counsel to assist with a massive lawsuit filed on behalf of the Environmental Protection Agency against Marcal's estate. The...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.