“Too Many Hats”: The Peculiar Problems and Challenges that Arise When an Equity Sponsor/ Secured Lender Is a DIP Lender/Stalking-Horse Buyer in a Chapter 11 Case
Undisclosed Fee Sharing Results in Disqualification and Disgorgement in Delaware
Since they weren’t bankruptcy lawyers, the firm wasn’t disqualified for the first nondisclosure offense. The second time, Delaware’s Judge Dorsey ordered disqualification and disgorgement
Court:
Sanctions of $150,000 Upheld Against Nationwide Consumer Firm
When $50,000 in sanctions were not enough to coerce compliance with the Code and Rules, the Eleventh Circuit upheld $150,000 in sanctions for a second violation.
Court:
Complete Disgorgement Is the Default Sanction for Failure to Disclose a Fee Agreement
Anything less than full disgorgement must be supported by ‘sound reasons’ and ‘solid evidence,’ the Tenth Circuit says.
Court:
Ethics: How to Get Retained as Debtors’ Attorneys
Please sign in to access Materials or click here to join ABI.
Make Your Assets Count! Vote for a Great Expert and Get Them Qualified with the Court
Please sign in to access Materials or click here to join ABI.
Consumer Attorney Fees: Everything You Always Wanted to Know — The Good, the Bad and the Ugly (Ethics)
Please sign in to access Materials or click here to join ABI.