Second Circuit Rules Unsecured Creditors May Recover Postpetition Attorneys' Fees From Debtor Based on Prepetition Contract | Practical Law

Second Circuit Rules Unsecured Creditors May Recover Postpetition Attorneys' Fees From Debtor Based on Prepetition Contract | Practical Law

An update on a decision issued by the US Court of Appeals for the Second Circuit allowing unsecured creditors to recover postpetition attorneys' fees that were authorized by a prepetition contract.

Second Circuit Rules Unsecured Creditors May Recover Postpetition Attorneys' Fees From Debtor Based on Prepetition Contract

by PLC Finance
Published on 05 Nov 2009 • USA (National/Federal)
An update on a decision issued by the US Court of Appeals for the Second Circuit allowing unsecured creditors to recover postpetition attorneys' fees that were authorized by a prepetition contract.