THE BROWN PUBLISHING COMPANY
Apr 13, 2013OUTCOME: Firm disqualified
A liquidating trust that was created under a bankruptcy plan the court approved after a publishing company, a media holding company, and affiliated businesses ("debtors") declared Chapter 11 bankruptcy ... filed an adversary proceeding against the debtors' former officers, directors, shareholders, and affiliates. The debtors' former CEO sought an order that disqualified a law firm from serving as counsel to the liquidating trust.
