Judge Donald rejects motion to intervene in ... - The Putnam Pit
Judge Donald rejects motion to intervene in ... - The Putnam Pit
Judge Donald rejects motion to intervene in ... - The Putnam Pit
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h. “[t]he requirement that at<strong>to</strong>rneys and other professionals adequately expla<strong>in</strong> time<br />
entries for which compensation is sought is not an overly burdensome task, especially<br />
<strong>in</strong> light of the fact that every dollar expended on legal fees results <strong>in</strong> a dollar less that<br />
is available for distribution . . . .” In re Hotel Associates, Inc. 15B.R. 487, 488<br />
(Bankr.E.D.Pa.1981).<br />
i. Under Section 330 of the Bankruptcy Code, professionals apply<strong>in</strong>g for fees must<br />
demonstrate <strong>in</strong> writ<strong>in</strong>g that their services were (1) actual; (2) necessary, and (3)<br />
reasonable.<br />
j. “<strong>The</strong> commenta<strong>to</strong>rs agree. As one stated, ‘. . . the court cont<strong>in</strong>ues <strong>to</strong> reta<strong>in</strong> the<br />
ultimate responsibility for ensur<strong>in</strong>g that the compensation awarded professional<br />
persons falls with<strong>in</strong> the parameters prescribed <strong>in</strong> section 330.’” 2 Collier on<br />
Bankruptcy, Paragraph 329.02 at 328-8 (15 th Ed. 1986), cited <strong>in</strong> Pettibone.<br />
k. “Even if no party <strong>in</strong> <strong>in</strong>terest objects . . . the court should review the application <strong>to</strong><br />
make sure the compensation sought has been earned and is reasonable.” R.E.<br />
G<strong>in</strong>sburg, Bankruptcy; Paragraph 4501 (1985);<br />
l. “<strong>The</strong> bankruptcy judge can and must apply his own expertise sua sponte, if necessary<br />
<strong>in</strong> order <strong>to</strong> be fair <strong>to</strong> both counsel and credi<strong>to</strong>rs because, <strong>in</strong> the f<strong>in</strong>al analysis, either<br />
excess generosity or extreme miserl<strong>in</strong>ess <strong>in</strong> allow<strong>in</strong>g fees will reflect <strong>in</strong> the public<br />
perception of the system.” Lavien, Fees as seen from the Bankruptcy Bench, 89<br />
Com.L.J. 136, 138 (March 1984).<br />
m. Bankruptcy Rule 2016 requires that all the necessary <strong>in</strong>formation be <strong>in</strong> the fee<br />
application itself. Applicants cannot rely on the fee petition hear<strong>in</strong>g <strong>to</strong> “expla<strong>in</strong>” the<br />
fee petition.<br />
5