Ethics And Professional Compensation Committee

Committees

Post date: Thursday, July 07, 2016

In Hoover v. Harger (In re Jones),[1] the Bankruptcy Appellate Panel for the Sixth Circuit considered an appeal from an attorney who was sanctioned sua sponte by the Northern District of Ohio’s bankruptcy court and ordered to pay opposing counsel’s attorney fees.

Post date: Monday, May 16, 2016

It has become increasingly common for companies to use nonattorneys in attorney roles for the purpose of cutting costs. However, occasionally these “fee-saving” measures actually end up costing a company even more than if they had an attorney do the work in the first place.

Post date: Monday, May 16, 2016

In Baker Botts L.L.P. v. ASARCO,[1] the Supreme Court held that under § 330(a)(1) of the Bankruptcy Code, estate professionals are not entitled to payment of fees and expenses incurred in connection with the defense of such professional’s fee applications.

Post date: Wednesday, January 13, 2016
Photo of Lesley S. Welwarth
Lesley S. Welwarth

Lawyers focusing on corporate bankruptcy matters, especially those who work at firms with a large national presence, often represent clients throughout the country and are commonly admitted to practice in more than one jurisdiction. Further, bankruptcy attorneys often blend their practice with bankruptcy court litigation and out-of-court restructuring and transactional matters.

Post date: Wednesday, January 13, 2016

After a significant amount of litigation including an appeal, remand and trial over a two-year period, the bankruptcy court overseeing In re River Road Hotel Partners LLC[1] ultimately determined that FBR Capital Markets & Co., located in Arlington, Va. (FBR), was entitled to payment of its restructuring fee of $2,666,965.73 and expenses of $12,179.01.

Post date: Monday, December 14, 2015
Photo of Lesley S. Welwarth
Lesley S. Welwarth

Lawyers focusing on corporate bankruptcy matters, especially those who work at firms with a large national presence, often represent clients throughout the country and are commonly admitted to practice in more than one jurisdiction. Further, bankruptcy attorneys often blend their practice with bankruptcy court litigation and out-of-court restructuring and transactional matters.

Post date: Monday, December 14, 2015

After a significant amount of litigation including an appeal, remand and trial over a two-year period, the bankruptcy court overseeing In re River Road Hotel Partners LLC[1] ultimately determined that FBR Capital Markets & Co., located in Arlington, Va.

Post date: Friday, December 11, 2015

During 2015, the Ethics & Professional Compensation Committee offered three opportunities for ABI members to learn about timely and interesting ethical and compensation issues facing professionals in the bankruptcy arena.  At the Annual Spring Meeting, we paired with the Bankruptcy Litigation Committee to explore the inner-workings of “Trustee Selection in Commercial Bankruptcy Cases:  Who

Post date: Wednesday, December 09, 2015

The recent decision in Sabatini Frozen LLC v. Weinberg, Gross, & Pergament LLP[1] is a tale of a failure of corporate governance of a closely-held corporation, coupled with the failure of debtor’s counsel to adequately address that matter.

Post date: Wednesday, December 09, 2015
Photo of Marta Alfonso
Marta Alfonso

Under 11 U.S.C. § 330(a)(3)(F), professionals seeking payment from a bankruptcy estate must be compensated using reasonable rates and fees charged by comparably skilled professionals in nonbankruptcy cases. Prompted by the size of the professional fees in large chapter 11 filings, the General Accounting Office (GAO) was asked by the U.S. Senate Judiciary Committee to evaluate whether bankruptcy professionals billed higher fees for large chapter 11 cases, and if

Pages

Mr. Timothy James Anzenberger
Co-Chair
Adams and Reese LLP
Ridgeland, MS
(601) 292-0715

Mr. Gregory M. Taube
Co-Chair
Nelson Mullins Riley & Scarborough, LLP
Atlanta, GA
(404) 322-6144

Mr. Carson Heninger
Communications Manager
Greenberg Traurig, LLP
Salt Lake City, UT
(305) 579-0500

Ms. Sarah Primrose
Education Director
King & Spalding
Atlanta, GA
(404) 572-2734

Ms. B. Summer Chandler
Membership Relations Director
LSU Paul M. Hebert Law Center
Panama City Beach, FL
(404) 307-2754

Mr. Adam D. Herring
Newsletter Editor
U.S. Department of Justice
Atlanta, DC
(202) 305-7833

Ms. Victoria A. Guilfoyle
Special Projects Leader
Blank Rome LLP
Wilmington, DE
(302) 425-6400

Please note that in order to view the content for the Committee Newsletters you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member