The decision, in essence, takes an hourly fee arrangement between the trustee and the trustee's attorneys and adds a results-based contingency to the approval of any fee payment authorization by the ...

Since its inception, Subchapter V of chapter 11 of the United States Bankruptcy Code has raised novel questions for practitioners to consider and, ultimately, for courts or legislators to address. One ...

Question: My wife and I are interviewing potential trustees to take care of things when we are gone. How do trustees usually get paid? Do we pay them now or do they take fees from our accounts after ...

July 19, 2023 - In Siegel v. Fitzgerald, 142 S. Ct. 1770 (June 6, 2022) (Siegel), the United States Supreme Court held that Congress' 2018 increase in fees that must be paid by debtors in bankruptcy ...

Q: My question centers on costs that a trustee can pay from a trust. My parents died and appointed a cousin as the trustee of their estate. It is a sizeable estate, and my cousin is an experienced ...

A bankruptcy trustees is objecting to the $922,897.50 legal bill that the law firm of McDermott Will & Emery of Chicago accumulated over just the first three weeks of Mercy Iowa City’s bankruptcy case ...

Attorneys fees totaling almost $1 million, which will be borne by the bankrupt hospital, “shock the conscience” in the sale of Mercy Iowa City hospital, a bankruptcy trustee said, according to a Nov.

Tension was high during the June 11 meeting of the Stockton Unified Board of Education while board members considered whether to pay for a trustee's legal counsel. Area 2 Trustee AngelAnn Flores — who ...

A recent decision from the U.S. Court of Appeals for the Sixth Circuit may be creating a tsunami of concern to those attorneys and law firms that regularly represent bankruptcy trustees. The decision, ...