Bankruptcy/In The News: Bankruptcy Court Retained Ancillary Jurisdiction To Resolve Attorneys’/Financial Advisor’s Entitlement To Fee Recovery Even Though Bankruptcy Case Dismissed
Cases: Bankruptcy Efforts, In The NewsSeventh Circuit Disagrees That Bankruptcy Judge Lacked Jurisdiction To Decide Fee Entitlement Issue. In Sweports, Ltd. v. Much Shelist, Case No. 12-14254 (7th Cir. Jan. 9, 2015), bankruptcy counsel and a financial advisor to the Official Committee of Unsecured Creditors (“claimants”) in a Chapter 11 proceeding filed to recover fees of at least […]
