Bankr. No.:
97-50639
Chapter:
11
Date of Decision:
March 31, 2000
Issue:
Whether the attorneys' fees sought by a secured creditor under ยง 506(b) were reasonable?
Ruling:
The fees were not reasonable. Deductions were made because the file had been passed around the firm, resulting in duplicative re-education of each attorney, the issues presented were not complex, and the creditor's claim was never in danger of becoming unsecured during the bankruptcy process.
Full Bankruptcy Court Decision:
