- 11 U.S.C.
In re Lehman Bros. Holdings Inc.
Feb
15
2013
Ruling
Attorneys' fees of individual members of unsecured creditors' committee could be approved pursuant to plan, if reasonable.
Procedural posture
Debtors, a financial services firm and affiliated businesses, declared chapter 11 bankruptcy and proposed a plan for resolving claims that were filed against their bankruptcy estates. Individual members of an Official Committee of Unsecured Creditors filed an application for payment of attorneys' fees they incurred, and the U.S. Trustee for Region 2 ("UST") filed an objection to the application. The court held a hearing on the application.
ABI Membership is required to access the full summary of In re Lehman Bros. Holdings Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: