Legal Opinion

Asarco, L.L.C. v. Jordan Hyden Womble Culbreth & Holzer, P.C. (In Re ASARCO, L.L.C.)

Court of Appeals for the Fifth Circuit

Decided April 30, 2014No. 12-40997, 12-40998, 13-40409PublishedCited by 28 opinions

1Opinion of the Court

EDITH H. JONES, Circuit Judge:

Baker Botts and Jordan, Hyden, Womble, Culbreth & Holzer, P.C. (“Jordan Hyden”) served as debtor’s counsel to ASAR-CO LLC (“ASARCO”) during its Chapter 11 bankruptcy and helped ASARCO confirm a reorganization plan that paid all of its creditors in full. The firms were well compensated pursuant to 11 U.S.C. § 330(a) for their fees and expenses for representing ASARCO. What remains to be decided, however, are two fee-related issues: whether the bankruptcy court abused its discretion in authorizing a 20% premium to Baker Botts and 10% premium to Jordan Hyden for…

2Cases cited14 opinions

  1. Chambers v. Nasco, Inc.Supreme Court of the United States · 1991
  2. Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
  3. Perdue v. Kenny A. ex rel. WinnSupreme Court of the United States · 2010
  4. In the Matter of Consolidated Bancshares, Inc., D/B/A Consolidated Investors, Inc., Debtor. Pierson & Gaylen, Ray & Terrell & Grubbs, Cross- v Creel & Atwood and Jack Bryant, Cross-AppellantsCourt of Appeals for the Fifth Circuit · 1986
  5. McClain v. Lufkin Industries, Inc.Court of Appeals for the Fifth Circuit · 2011

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3Cited by28 opinions

  1. Baker Botts L.L.P. v. ASARCO LLCSupreme Court of the United States · 2015
  2. Barron & Newburger, P.C. v. Texas Skyline, Ltd. (In Re Woerner)Court of Appeals for the Fifth Circuit · 2015
  3. Jeffrey Krueger v. Michael TorresCourt of Appeals for the Fifth Circuit · 2016
  4. Husky International Electronics, Inc. v. Ritz (In re Ritz)United States Bankruptcy Court, S.D. Texas · 2017
  5. Schwertner Backhoe Services, Inc. v. Kirk (In re Kirk)United States Bankruptcy Court, W.D. Texas · 2015

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