Caplin & Drysdale Chartered v. Babcock & Wilcox Co.
Court of Appeals for the Fifth Circuit
1Per curiam
This appeal stems from a Chapter 11 bankruptcy filed in the Eastern District of Louisiana. The sole issue on appeal is whether the bankruptcy judge abused its discretion in awarding attorney’s fees at half the hourly rate for time spent traveling but not working. Finding no abuse of discretion, we AFFIRM.
I. BACKGROUND
During the Chapter 11 bankruptcy proceeding involving The Babcock & Wilcox Company, the bankruptcy court approved the appointment of the law firm of Caplin & Drysdale as national counsel for the Asbestos Claimants’ Committee pursuant to 11 U.S.C. § 1103(a). Ultimately, Caplin &…
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