- 11 U.S.C.
In re Crossing LLC
Sep
16
2011
Ruling
Debtor in possession's counsel's fee application allowed with credits for retainer and subordinated to other administrative and unsecured claims due to pattern of nondisclosure.
Procedural posture
A law firm filed an amended application for compensation for its services as counsel for a debtor in possession. The debtor and its sole shareholder opposed the application on numerous grounds, including failures of disclosure and misrepresentations, and asked for disallowance of half the compensation requested and denial of a premium.
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Court
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