Legal Opinion

In Re Drexel Burnham Lambert Group, Inc.

United States Bankruptcy Court, S.D. New York

Decided October 25, 1991No. 18-36488PublishedCited by 52 opinions

1Opinion of the Court

MEMORANDUM OF DECISION ON REASONABLENESS OF PROFESSIONAL FEES

FRANCIS G. CONRAD, Bankruptcy Judge.

This matter 1 is before us by result of our May 23, 1991 bench order directing certain professionals (Attorneys, Accountants, Investment Bankers/Advisors) to submit proprietary data, under seal, on how their firms calculate rates and disbursements charged to the Drexel Bum-ham Lambert Group, Inc. (DBL) bankruptcy estate. An evidentiary hearing was conducted on August 8, 1991.

The review of professional fees by a Court, particularly when, as here, many of the professionals, although not all, have…

2Cases cited40 opinions

  1. Hensley v. EckerhartSupreme Court of the United States · 1983
  2. Blum v. StensonSupreme Court of the United States · 1984
  3. Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
  4. Pennsylvania v. Delaware Valley Citizens' Council for Clean AirSupreme Court of the United States · 1986
  5. City of Riverside v. RiveraSupreme Court of the United States · 1986

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3Cited by52 opinions

  1. In the Matter of Taxman Clothing Company, Debtor. Appeal of Arthur Winer, IncorporatedCourt of Appeals for the Seventh Circuit · 1995
  2. In Re: United Artists Theatre Company, Debtors v. Donald F. Walton, Acting United States Trustee for Region 3 Donald F. WaltonCourt of Appeals for the Third Circuit · 2003
  3. In Re Cenargo International, PLCUnited States Bankruptcy Court, S.D. New York · 2003
  4. In Re Keene Corp.United States Bankruptcy Court, S.D. New York · 1997
  5. In Re Granite Partners, L.P.United States Bankruptcy Court, S.D. New York · 1997

47 more not listed; retrieve them via the Exa API.

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