Bankr. No.:
92-50206
Chapter:
11
Date of Decision:
August 12, 1993
Issue:
Whether compensation for services and reimbursement for expenses may be awarded a debtor's counsel where: (1) some items of service were poorly documented and/or failed to show that a professional service was rendered; (2) compensation was sought for trying to sell or lease Debtor's business when a sale or lease was not contemplated with the reorganization; (3) compensation was sought for "reviewing financial Documents," especially where substantial time was also spent preparing Debtor's schedules, plan, and disclosure statement; and (4) compensation was sought for an aborted adversary proceeding filed by Debtor.
Ruling:
Absent additional justification in an amended fee application, compensation and related expenses will not be allowed for non-professional services, poorly documented services, efforts contrary to reorganization that did not benefit the estate, unreasonable time spent reviewing financial documents, and preparing and working on an aborted adversary proceeding.
Full Bankruptcy Court Decision:
