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*This outline is adapted from Chapter 27, Ethical Responsibilities,
Norton Bankruptcy Law & Practice 2d (Thomson-West 2005)
and shareholder seeking control of it); Sambo's Restaurants, 20 B.R. at 307 (DIP counsel disqualified due to representation of preferred stockholders with interests adverse to common stockholders); Roberts, 46 B.R. at 84849 (cannot represent DIPs owing each other); In re Watson Seafood & Poultry Co., 40 B.R. 436 (Bankr. E.D.N.C. 1984); In re BaldwinUnited Corp., 45 B.R. 378 (Bankr. S.D. Ohio 1983) (may not represent DIP and nonmanagement directors in securities litigation due to potential crossclaims); see In re N.S. Garrott & Sons, 63 B.R. 189 (Bankr. E.D. Ark. 1986) (describing conflicts resulting from representing related entities, one insolvent and indebted to the other solvent debtor, in Chapter 11 cases). See also In re Freedom Solar Center, Inc., 776 F.2d 14 (1st Cir. 1985) (attorney disqualified from representing Ch. 7 debtor along with its sole shareholder and another
