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36 consultants, property managers, lobbyists, unlicensed brokers and expert witnesses. As discussed below in more detail in Chapter VI.D., Section 1102 of the Bankruptcy Code contemplates the appointment of various "official" committees in a bankruptcy case. Section 1103(a) permits such an official committee to retain attorneys, accountants or other agents to represent or perform services for the committee. However, the committee's selection and authorization is subject to the court's approval, and may only be done at a scheduled meeting of the committee at which a majority of its members are present. 11 U.S.C. § 1103(a). The committee's professionals are also subject to certain disinterestedness rules. An attorney or accountant that represents a creditors' committee may not represent any other entity having an interest adverse to the debtor or the estate. 11 U.S.C. § 1103(b). However, an attorney or accountant that represents a creditors' committee may represent multiple creditors within the same class. Id. 2. Compensation In addition to governing the ability of trustees, debtors-in- possession and official committees to retain professionals, the Bankruptcy Code also sets forth certain requirements for the compensation of trustees and such professionals. The allowance of and limitations on trustee compensation and reimbursement of expenses are governed by Sections 326, 330 and 331 of the Bankruptcy Code, whereas the allowance of and limitations on other professionals' compensation and reimbursement of expenses are governed by Sections 328 and 330 of the Bankruptcy Code. In Chapter 7 and 11 cases, the trustee's compensation is based on a percentage of the distributions it makes to parties-in-interest other than the debtor. 11 U.S.C. § 326(a). This percentage is a cap, and a court may grant an amount less than the cap. According to Section 326, as the amount of distributions increases in a case, the percentage payable to the trustee decreases. However, in cases

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