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In re Black Diamond Mining Co. LLC

In re Black Diamond Mining Co. LLC

Ruling
Transaction fee and final monthly fees of advisor to committee of unsecured creditors granted over objection.
Procedural posture

A financial advisor to a committee of bankruptcy debtors' unsecured creditors submitted its final application for payment of fees, and a company through which preexisting senior lenders acquired the debtors' stock and assets objected to payment of a transaction fee and the final monthly fees.

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Commercial opinion summary, case decided on December 11, 2009 , LexisNexis #0110-003