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In re Latshaw Drilling LLC

In re Latshaw Drilling LLC

Ruling
Creditor's attorneys' fee application granted with reductions for overstaffing, underutiliztion of local counsel and unreasonable rates.
Procedural posture

A creditor filed an application under 11 U.S.C.S. § 506(b) for reimbursement of its out-of-pocket expenses and attorney fees and expenses arising out of mutual obligations under a pre-petition credit agreement with a chapter 11 debtor.

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Commercial opinion summary, case decided on October 12, 2012 , LexisNexis #1112-010