Fifth Circuit Holds that Chapter 7 Trustees Presumptively Get Statutory Commissions
In the Fifth Circuit, chapter 7 trustees lock in higher compensation.
Court:
Properly Read, Seventh Circuit Opinion Does Not Undercut DIP Financing
Opinion does not mean that a DIP financing lien terminates when collateral is transferred.
Court:
Administrative Status Given for Claims Against an Assignee for Creditors
Chicago judge finds flexibility for granting ‘protection’ claims under Section 543(c)(1).
Chicago Strikes Out on Priority Status for Post-Petition Parking Fines
Clever drafting of chapter 13 plans prevents collection of post-petition parking fines.
“Substantial Contribution” Claim Allowed in Chapter 13
Split grows on whether ‘substantial contribution’ claims are limited to chapters 9 and 11.
ASARCO Read to Bar Fee-Defense Costs Even with a Fee-Shifting Agreement
Court shows antipathy to all theories seeking allowance of fees incurred in collecting fees.