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Published on 5/31/2005 in the Prospect News Distressed Debt Daily.

EaglePicher gets interim OK to hire financial adviser

By Caroline Salls

Pittsburgh, May 31 - EaglePicher Holdings Inc. obtained interim approval to hire Guiliani Capital Automotive LLC as financial adviser, according to a Tuesday filing with the U.S. Bankruptcy Court for the Southern District of Ohio.

A hearing for final approval is scheduled for June 20.

Final approval of the hiring is contingent on the official committee of unsecured creditors' approval of Guiliani's monthly advisory fee.

EaglePicher, a Phoenix-based diversified manufacturer, filed for bankruptcy on April 11. Its Chapter 11 case number is 05-12601.


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