In re Barnett Marine
Mar
16
2006
Ruling
Creditor's motion for an award of postpetition attorey fees and costs was denied since section 506(b) applied only from the petition date to the date of plan confirmation.
Procedural posture
An oversecured creditor obtained a prepetition consent judgment against a bankruptcy debtor, debts to the creditor were satisfied through the sale of collateral, and the debtor's plan was confirmed. Based on its oversecured status, the creditor moved pursuant to 11 U.S.C. § 506(b) for an award of postpetition attorney fees and costs incurred in the bankruptcy proceeding.
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Court
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