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In re Boomerang Tube Inc.

In re Boomerang Tube Inc.

Ruling
Fees incurred by counsel for committee of unsecured creditors in defending a fee application were not compensable from debtor's estate.
Issue(s)
Whether to approve retention applications of counsel for a committee of unsecured creditors under 11 U.S.C.S. § 328(a) that contained a provision indemnifying them for expenses incurred in a successful defense of their fees.

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Commercial opinion summary, case decided on January 29, 2016 , LexisNexis #0216-108