In re Philadelphia Newspapers LLC
Oct
21
2010
Ruling
Insider of debtor allowed administrative expense claim for reduced amount of attorneys' fees for role in obtaining debtor-in-possession financing.
Procedural posture
An insider of the Chapter 11 debtors sought the allowance of an administrative claim for attorneys' fees and costs pursuant to 11 U.S.C.S. § 503(a) and (b). An Acting United States Trustee and the official committee of unsecured creditors objected. The steering group of prepetition secured lenders and the administrative and collateral agent for the steering group, joined in the objections.
ABI Membership is required to access the full summary of In re Philadelphia Newspapers LLC Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: