BANKRUPTCY LAW CASES

• In re: Cooper Commons LLC

U.S. 9th Circuit Court of Appeals, January 03, 2008
In re: Cooper Commons LLC, No. 06-55624
In bankruptcy proceedings in which a law firm representing debtor objected to certain funds requested by the bankruptcy trustee from accumulated funds held as collateral for a lender's loans, grant of trustee's motion to augment his administrative fund and pay certain specified expenses is affirmed where: 1) a waiver of surcharge or assessment against the collateral, approved as to form and content by the firm and signed by the debtor, was comprehensive and effectively barred the claims now being made by the firm; and 2) establishment of the trustee's Administrative Fund did not require the application of Bankruptcy Code section 506(c). Read more...