In the Fifth Circuit, chapter 7 trustees lock in higher compensation.
Opinion does not mean that a DIP financing lien terminates when collateral is transferred.
Chicago judge finds flexibility for granting ‘protection’ claims under Section 543(c)(1).
Clever drafting of chapter 13 plans prevents collection of post-petition parking fines.
Split grows on whether ‘substantial contribution’ claims are limited to chapters 9 and 11.
Court shows antipathy to all theories seeking allowance of fees incurred in collecting fees.