AmFin Creditors Request Atty Fees Despite 'Vitriol' Of FDIC

Law360, New York (February 7, 2012, 6:52 PM EST) -- Senior noteholders in AmFin Financial Corp.'s bankruptcy case asked an Ohio federal judge Monday to approve $950,000 in attorneys’ fees despite “vitriolic” opposition from the Federal Deposit Insurance Corp., the bank's largest creditor.

The noteholders, who have nearly $101 million in unsecured claims against AmFin, issued a forceful reply to a Jan. 30 filing by the FDIC claiming the fees were not warranted because the noteholders did not substantially contribute to the court’s Oct. 25 approval of AmFin’s restructuring plan.

On Monday, the noteholders said they...
To view the full article, register now.




Case Information

Case Title

AmFin Financial Corporation

Case Number



Ohio Northern

Nature of Suit

Date Filed

November 30, 2009

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.