Chapter 11 Debtors Could Recoup Some US Trustee Fees
Law360 (February 25, 2019, 3:38 PM EST) -- In October 2017, Congress passed the Bankruptcy Judgeship Act of 2017, which, among other things, drastically increased the post-petition quarterly fees payable by certain Chapter 11 debtors to the office of the United States Trustee. At the high end of the new fee scale, Chapter 11 debtors with quarterly “disbursements” that equal or exceed $1 million are now subject to having to pay up to $220,000 more per quarter in quarterly fees to the U.S. Trustee, an 833 percent increase in the maximum amount of quarterly fees payable. Some view these increases to the quarterly fees as imposing an additional financial...
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