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Equity Committee Can’t Hire Two Firms, OCA Says

Law360 (June 19, 2006, 12:00 AM EDT) -- In the latest chapter of the Orthodontic Centers of America Inc.’s bankruptcy, the debtor and Bank of America have filed separate objections with the bankruptcy court over the official committee of equity security holders hiring a second law firm as lead counsel.

The committee is seeking court approval to retain Bell Boyd & Lloyd as its lead counsel, in addition to using Adams and Reese as local counsel.

According to court documents, both OCA and Bank of America, acting as an administrative agent for the lenders,...
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