In Re Dividend Development Corp.
United States Bankruptcy Court, C.D. California
1Opinion of the Court
MEMORANDUM OPINION
JOHN E. RYAN, Bankruptcy Judge.
Dividend Development Corporation (“Debtor”) filed applications seeking to employ insolvency counsel and special real estate counsel (the “Applications”). Debt- or’s employment agreements with both counsel included the payment of substantial retainers designated as earned-on-receipt (the “Retainers”). The United States Trustee (“Trustee”) objected to the characterization of the Retainers as earned-on-receipt. My order approving the Applications (the “Order”) instructed both counsel to place the Retainers into separate client trust accounts.
Counse…
2Cases cited6 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- In Re C & P Auto Transport, Inc.United States Bankruptcy Court, E.D. California · 1988
- In Re Hathaway Ranch PartnershipUnited States Bankruptcy Court, C.D. California · 1990
- In Re NBI, Inc.United States Bankruptcy Court, D. Colorado · 1991
- In Re Richard H. Reimers and Jeanne R. Reimers, Debtors. Claude Pitrat, Trustee W.J. Giles, III v. Richard H. Reimers Jeanne R. ReimersCourt of Appeals for the Ninth Circuit · 1992
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3Cited by9 opinions
- Donaldson Lufkin & Jenrette Securities Corp. v. National Gypsum Co.Court of Appeals for the Fifth Circuit · 1997
- In Re Keller Financial Services of Florida, Inc.United States Bankruptcy Court, M.D. Florida · 2000
- In Re Mariner Post-Acute Network, Inc.United States Bankruptcy Court, D. Delaware · 2000
- Kun v. Mansdorf (In Re Woodcraft Studios, Inc.)District Court, N.D. California · 2011
- In Re BressmanUnited States Bankruptcy Court, D. New Jersey · 1997
4 more not listed; retrieve them via the Exa API.