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Microcap & Penny Stocks : PLNI - Game Over

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To: scion who wrote (11638)10/31/2007 12:30:19 PM
From: scion   of 12518
 
10/31/2007 285 Order GRANTING Application to Employ Ellen Arvin Kennedy and the firm of Fowler, Measle & Bell, PLLC as Attorneys for Debtor (Related Doc # 168) (baa) (Entered: 10/31/2007)
--------------------

Doc 285

IN RE:
PLASTICON INTERNATIONAL, INC.
DEBTOR.
Case No. 07-50934
Chapter 11

ORDER AS TO SECURITY RETAINER

This cause came before the Court on September 6, 2007, upon the Application to Employ Fowler, Measle & Bell, PLLC as attorney for Debtor, Platicon International, Inc. and the responses to said Application to Employ filed by Wyatt, Tarrant & Combs, LLP and the Official Committee of Unsecured Creditors. After considering the pending application and responses herein along with the record in this matter, and having heard argument of counsel, if any;

IT IS HEREBY ORDERED and ADJUDGED as follows:

1. Wyatt, Tarrant & Combs, LLP is hereby directed to disburse to Fowler, Measle & Bell the sum of $23,597.51, said funds representing a portion of the pre-petition security retainer
held by Wyatt, Tarrant & Combs in the amount of $55,658.22.

2. The remaining $32,060.71 portion of the Wyatt pre-petition security retainer shall be held by Wyatt, Tarrant & Combs pending the Court’s ruling on its final fee application to be
subsequently filed herein.

3. This Court hereby reserves ruling on the Unsecured Creditor Committee’s request for a portion of the retainer funds, pending a final ruling by this Court on the final fee application to be filed by Wyatt, Tarrant & Combs, LLP.

ORDER TENDERED BY
/s/ John P. Brice
John P. Brice
WYATT, TARRANT & COMBS, LLP
250 W. Main Street, Suite 1600
Lexington, KY 40507-1746
Phone: (859) 233-2012
Fax: (859) 259-0649
E-mail: Lexbankruptcy@wyattfirm.com

Pursuant to Local Rule 9022-1(c), John P. Brice shall cause a copy of this order to be served on each of the parties designated to receive this order pursuant to Local Rule 9022-1(a) and shall file with the court a certificate of service of the order upon such parties within ten (10) days hereof.

E. Rebecca Case
Howard S. Smotkin
Janice R. Valdez
Gregory R. Schaaf
John W. Ames
Rachelle C. Williams, Assistant U.S. Trustee
James P. Toohey

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The affixing of this Court's electronic seal below is proof this document has been signed by the Judge and electronically entered by the Clerk in the official record of this case.
Signed By:
William S. Howard
Bankruptcy Judge
Dated: Wednesday, October 31, 2007
(wsh)
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