In re Crafts Retail Holding Corp.

Ruling: 
Court approved financial advisor's request for fees of unapproved attorney denied.
Procedural posture: 
Debtors, a retail holding company and others, filed petitions under chapter 11 and requested permission to hire a financial advisor. The court approved the request and subsequently granted the advisor's application for payment of $150,000 for professional services and $4,577 for expenses. The advisor asked the court for reimbursement of an additional $35,000 in attorney fees it claimed it incurred.
Issue: 
ABI Membership is required to access the full summary of In re Crafts Retail Holding Corp.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on November 16,2007, LexisNexis #1207-072