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Miller Buckfire & Co. LLC v. Citation Corp.

Miller Buckfire & Co. LLC v. Citation Corp.

Ruling
Bankruptcy court erred in using lodestar approach to set fees for financial advisor where flat fee contract existed.
Procedural posture

Appellant financial services company appealed a decision of the bankruptcy court that reduced the company's fees for financial advice and investment banking services and denied their request for attorney fees related to appellee debtor's bankruptcy. The debtor filed a cross-appeal the amount awarded to the company.

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opinion summary, case decided on September 11, 2006 , LexisNexis #1106-112