In Re Apex Oil Company, Debtor. Apex Oil Company v. Artoc Bank & Trust Limited

RICHARD S. ARNOLD, Circuit Judge.

Apex Oil Company appeals the Bankruptcy Appellate Panel’s decision to affirm the Bankruptcy Court’s order allowing a claim of Artoc Bank & Trust in Apex’s bankruptcy for $4,651,850. This amount represents about $1.7 million for wrongful setoffs by Apex, $1.19 million in prejudgment interest on that claim, and $1.76 million in attorneys’ fees to Artoc as the prevailing party. Apex argues that the Court erred in rejecting its argument that Artoc was estopped to file its claim. It also contends that the attorneys’ fees awarded were unreasonable. We affirm the…