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In re Internet Specialties West Inc.

In re Internet Specialties West Inc.

Ruling
Fees of state-appointed receiver and counsel entitled to administrative expense status.
Procedural posture

State court-appointed receiver and his counsel sought administrative priority for their fees and expenses that were incurred in the chapter 11 debtor's bankruptcy case. The priority of both the receiver's fees and those of his counsel had been put in question by the debtor in its opposition to the final report and fee requests. The court had awarded the counsel $40,000 in compensation.

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Commercial opinion summary, case decided on July 16, 2013 , LexisNexis #0813-011