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Executive Sounding Bd. Assocs. V. Moshannon Valley Citizens Inc. (In re Moshannon Valley Citizens Inc.)

Executive Sounding Bd. Assocs. V. Moshannon Valley Citizens Inc. (In re Moshannon Valley Citizens Inc.)

Ruling
Financial advisor not entitled to fees and expenses not necessary to preserve value of estate and not included in approved retainer agreement.
Procedural posture

Chapter 11 debtor's financial advisor, filed a motion to enforce a compensation order previously entered in the debtor's bankruptcy case and to obtain reimbursement of the fees and expenses that it incurred in filing the motion.

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Commercial opinion summary, case decided on April 24, 2012 , LexisNexis #0512-050