United States Bankruptcy Court, E.D. New York November 4, 1997, 8-19-70872 (In Re Niover Bagels, Inc.)

MEMORANDUM OPINION APPROVING POSTPETITION MONTHLY PAYMENTS TO ACCOUNTANT FOR DEBTOR IN POSSESSION

STAN BERNSTEIN, Bankruptcy Judge. Issue:

Should the Court grant the application of the debtor in possession to engage an accounting firm under a compensation arrangement in which the accountant will be paid his invoices on a monthly basis in an amount of $600 at an hourly rate of $175, not to exceed