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IN RE ALLEGHENY INTERN., INC.

Bankruptcy No. 88-00448.

100 B.R. 244 (1989)

In re ALLEGHENY INTERNATIONAL, INC., Sunbeam Corporation, Sunbeam Holdings, Inc., Almet/Lawnlite, Inc., and Chemetron Corporation, et al., Debtors.

United States Bankruptcy Court, W.D. Pennsylvania.

February 28, 1989.

Attorney(s) appearing for the Case

M. Bruce McCullough, Buchanan Ingersoll, P.C., Pittsburgh, Pa., for the debtor.

Christopher P. Hall, Jones, Day, Reavis & Pogue, New York City, for Smith Barney Harris Upham & Co., Inc.

Sheldon I. Hirshon, Proskauer Rose Goetz & Mendelsohn, New York City, for Rothschild, Inc.

MEMORANDUM OPINION

JOSEPH L. COSETTI, Bankruptcy Judge.

This matter comes before the court by the court's own rule to show cause why this court should not vacate, as improvident, pursuant to 11 U.S.C. § 328(a), all orders of court hiring professional persons, to the extent that such orders provide for indemnification of such professional persons. After carefully weighing the equities, the court, albeit reluctantly, will not vacate the indemnification...

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