Rotech Equity Holders Allowed To Hire Financial Expert

Law360, Wilmington (July 9, 2013, 2:52 PM EDT) -- A Delaware bankruptcy judge Tuesday allowed the equity committee in Rotech Healthcare Inc.'s Chapter 11 case to hire Berenson & Co. LLC to conduct a valuation of the debtor, changing his mind after denying the bid about 10 days ago.

U.S. Bankruptcy Judge Peter J. Walsh was revisiting the issue at the committee's request after rejecting the application June 28, and said from the bench that if he did not allow the equity holders to hire the firm to investigate Rotech's value, it could spell the...
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