In Re Blue Coal Corp.

OPINION AND ORDER

JOHN J. THOMAS, Bankruptcy Judge.

But for the efforts of Attorney John Doran in placing the Blue Coal Corporation into involuntary bankruptcy, it would have been extremely unlikely that the prepetition creditors of that company would have ever seen a dime of payment. Now, the secured and priority creditors are being paid in full, and the non-priority creditors will receive approximately sixty cents on the dollar (albeit sixty 1997 cents on the individual 1976 dollar, an observation that considerably diminishes the obvious “success” of the bankruptcy).

The court makes this…