context: In light of the fact that Manager is the prospective purchaser of MCLP's general partnership interest, the Court finds that Manager is not disinterested and holds an interest adverse to the estate.
citation_a.signal: see also
citation_a.identifier: 19 F.3d 54, 61-62
citation_a.parenthetical: affirming denial of compensation for counsel's conflicts of interest which included representation of both debtor and purchaser of property of debtor's estate in the same transaction
citation_a.sentence: See In re CF Holding Corp., 164 B.R. 799 (Bankr.D.Conn.1994) (special financial advisor and bankruptcy consultant was no longer disinterested and held an interest adverse to estate when managing partner of financial advisor subscribed to stock in entity which was seeking to purchase majority interest in debtor); see also Rome v. Braunstein, 19 F.3d 54, 61-62 (1st Cir.1994) (affirming denial of compensation for counsel’s conflicts of interest which included representation of both debtor and purchaser of property of debtor’s estate in the same transaction); In re Watson Seafood & Poultry Co., 40 B.R. 436, 442 (Bankr.E.D.N.C.1984) (attorney’s representation of debtor and purchaser of property of the estate represented conflict of interest); c.f.
citation_b.signal: see
citation_b.parenthetical: special financial advisor and bankruptcy consultant was no longer disinterested and held an interest adverse to estate when managing partner of financial advisor subscribed to stock in entity which was seeking to purchase majority interest in debtor
citation_b.sentence: See In re CF Holding Corp., 164 B.R. 799 (Bankr.D.Conn.1994) (special financial advisor and bankruptcy consultant was no longer disinterested and held an interest adverse to estate when managing partner of financial advisor subscribed to stock in entity which was seeking to purchase majority interest in debtor); see also Rome v. Braunstein, 19 F.3d 54, 61-62 (1st Cir.1994) (affirming denial of compensation for counsel’s conflicts of interest which included representation of both debtor and purchaser of property of debtor’s estate in the same transaction); In re Watson Seafood & Poultry Co., 40 B.R. 436, 442 (Bankr.E.D.N.C.1984) (attorney’s representation of debtor and purchaser of property of the estate represented conflict of interest); c.f.