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06/18/20 3:38 PM

#19783 RE: BBANBOB #19782

JCPNQ DEBTORS DENIED - VERY UNUSUAL

ORDER DENYING DEBTORS’ APPLICATION TO EMPLOY
LAZARD FRÈRES & CO., LLC AS INVESTMENT BANKER
TO THE DEBTORS AND DEBTORS IN POSSESSION
CAME ON FOR CONSIDERATION Debtors’ Application for Entry of an Order
Authorizing the Employment and Retention of Lazard Freres & Co., LLC (“Lazard”) as Investment
Banker to the Debtors and Debtors in Possession (Doc. No. 238) and the Limited Objection of the
United States Trustee. The Court, finding that the objection should be granted, and the application
should be denied, it is hereby
ORDERED that Debtors’ Application for Entry of an Order Authorizing the Employment
and Retention of Lazard Freres & Co., LLC (“Lazard”) as Investment Banker to the Debtors and
Debtors in Possession (Doc. No. 238) is DENIED.