Try our Advanced Search for more refined results

Expert Analysis

Court Wrongly Disallows Lender's Post-Bankruptcy Legal Fee

By Michael Cook (December 8, 2017, 4:59 PM EST) -- "[T]he Bankruptcy Code does not permit [an undersecured] creditor ... to advance an unsecured claim for post-[bankruptcy] attorneys' fees," held the U.S. District Court for the Eastern District of North Carolina on Nov. 27, 2017. Summitbridge National Investments III v. Faison, 2017 U.S. Dist. LEXIS 195267, *8 (E.D. N. C. Nov. 27, 2017). Affirming the bankruptcy court, the district court agreed that "the [Bankruptcy] Code is most properly interpreted to allow only oversecured creditors to add post-[bankruptcy] attorneys' fees." Id., at *10....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!