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Drew v. Latimer Biaggi Rachid & Godreau (In re El Commandante Mgmt. Co. LLC)

Drew v. Latimer Biaggi Rachid & Godreau (In re El Commandante Mgmt. Co. LLC)

Ruling
Debtor's attorneys not entitled to postjudgment interest on award of fees which was in the nature of an administrative expense.
Procedural posture

Chapter 11 plan administrator challenged the report and recommendation of a Magistrate Judge, who recommended that the decision of the Bankruptcy Court for the District of Puerto Rico granting the request of appellee, the debtors' law firm, for compensation be affirmed, and recommended that the case be remanded to the bankruptcy court in order to determine if post-judgment interest pursuant to 28 U.S.C.S. § 1961 should be imposed.

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Commercial opinion summary, case decided on September 02, 2008 , LexisNexis #1008-035