In the Matter of Taxman Clothing Company, Debtor. Appeal of Arthur Winer, Incorporated
Court of Appeals for the Seventh Circuit
1Opinion of the Court
POSNER, Chief Judge.
A small retail clothing store in Chicago declares bankruptcy. Fourteen years elapse. The bankruptcy proceeding is still going on. The debtor’s estate, a meager $113,000 to begin with, has, Bleak House fashion, been entirely consumed by the fees and expenses charged by the lawyers for the estate. (Well, not entirely; there is $3,000 left; but this tiny residue is sure to be consumed by administrative expenses.) Yet the principal lawyer, who has received $85,000, wants additional fees (really just an award of additional fees, as there are no assets left out of which to pay…
2Cases cited25 opinions
- Blanchard v. BergeronSupreme Court of the United States · 1989
- Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
- Woods v. City Nat. Bank & Trust Co. of ChicagoSupreme Court of the United States · 1941
- In Re Busy Beaver Building Centers, Inc. Kirkpatrick & LockhartCourt of Appeals for the Third Circuit · 1994
- 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
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- In Re American Capital Equipment, LLCCourt of Appeals for the Third Circuit · 2012
- Grubin v. Rattet (In Re Food Management Group, LLC)United States Bankruptcy Court, S.D. New York · 2008
- Teed v. Thomas & Betts Power Solutions, L.L.C.Court of Appeals for the Seventh Circuit · 2013
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