U.S. Trustee Objects To NECC's Choice Of Financial Adviser; Party Not Disinterested

U.S. Trustee Objects To NECC's Choice Of Financial Adviser; Party Not Disinterested

BOSTON - The U.S. trustee in the Chapter 11 bankruptcy of New England Compounding Center (NECC), the pharmacy that was forced into bankruptcy as a result of a fungal meningitis outbreak related to a drug that NECC distributed, filed a brief on Jan. 8 objecting to its application to employ certain financial advisers on the grounds that they are not disinterested parties (In Re: New England Compounding Pharmacy Inc., No. 12-19882, Chapter 11, D. Mass. Bkcy.).

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