Court Locations

Greenbelt
6500 Cherrywood Ln - Greenbelt, MD 20770 - Main Tel: 301-344-8018 map
Baltimore
101 W Lombard St Room 8530 - Baltimore, MD 21201 - Main Tel: 410-962-2688
map

11 U.S.C. § 328(a): Determining reasonableness of indemnification provision in employment agreement between Chapter 11 debtor and financial advisor is best accomplished by applying principles akin to the "business judgement rule"; indemnification of financial advisors should not cover breaches of duty of loyalty, breaches of duty of care, and contractual disputes between the Chapter 11 debtor and the advisors.

Entered: 
2003-03-06
Case: 
02-67576
Judge: 
E. Stephen Derby