Skip to main content

In re College Props. Ltd. Pship

In re College Props. Ltd. Pship

Ruling
Fees incurred in defense of limited partners'appeal of global settlement agreement ordered paid from funds set aside from those partners.
Procedural posture

The attorney for the chapter 11 trustee filed his third fee application, seeking approval of $105,226.00 in fees and $6,849.63 in costs, pursuant to 11 U.S.C. § 330. Limited partners of the debtor limited partnership filed objections. At issue was whether the fees, almost entirely incurred in the defense of certain limited partners' appeal, should be payable from the amounts set aside for distributions to those objectors.

ABI Membership is required to access the full summary of In re College Props. Ltd. Pship Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on November 13, 2007 , LexisNexis #1207-096