Bank of New York Mellon v. Jefferson County (In re Jefferson County)

Memorandum Opinion on Professional Fees and Expenses, the Indenture’s Operating Expenses, and 11 U.S.C. § 928(b)’s “Necessary Operating Expenses ”

THOMAS B. BENNETT, Chief Judge.

I. Words, Phrases, And Meanings Be They Plain or Not

Some of what the law is about is words and their usage. From the view of one version of objectivity, language is objective in the sense that it allows people to agree across areas of disagreement.1 For instance, resort to calling a word’s or phrase’s meaning plain when there is no plain meaning is a method to reach agreement on the outcome of a legal dispute despite…