United States Trustee v. Price Waterhouse Sharon Steel Corporation Sharon Specialty Steel Inc. Monessen Inc

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that pursuant to 503(b)(1) trade creditors may receive interest during Chapter 11 proceedings
• “Section 330 will allow compensation ... only if court approval is first obtained pursuant to 327”
• “These provisions [of the Bankruptcy Code], taken together, unambiguously forbid a debtor in possession from retaining a prepetition creditor to assist it in the execution of its Title 11 duties.”
• “If it is thought that [the proposed action should be allowed], an amendment of that provision should be sought from Congress.”
• “As the Supreme Court and our court have repeated many times in recent years, when statutory language is clear and unambiguous it ordinarily must be followed.”
• “the appellees, like the bankruptcy court and the district court, stress the practical benefits ... however, ‘bankruptcy courts cannot use equitable principles to disregard unambiguous statutory language’ ”

Source: CourtListener parenthetical corpus (CC0).