Briefly Noted: Success Fees, Covenants with the Land, and Fee-Only Chapter 13 Plans

May 6, 2016

Briefly Noted: Success Fees, Covenants with the Land, and Fee-Only Chapter 13 Plans

Debtors win 2 of 3 important chapter 11 and 13 reorganization cases.

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Opinion Link

View Opinion

http://www.ca5.uscourts.gov/opinions/unpub/15/15-50381.0.pdf

Case Details

Judge Name

Priscilla R. Owen,
Shelley C. Chapman,
Robert D. Berger

Case Citation

The success fee opinion is Valence Technology Inc. v. KPMG Corporate Finance LLC (In re Valence Technology Inc.), 15-50381 (5th Cir. May 4, 2016); the covenants running with the land case is Sabine Oil & Gas Corp. v. HPIP Gonzales Holdings LLC (In re Sabine Oil & Gas Corp.), 16-1042 (Bankr. S.D.N.Y. May 3, 2016); and the fee-only decision is In re Dugan, 15-21258 (Bankr. D. Kan. May 3, 2016).

Case Name

In re Valence Technology Inc., In re Sabine Oil & Gas Corp., In re Dugan

Court

5th Circuit

Bankruptcy Tags

Ethics