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Opinion 362

Case Name: 

In re I.A. Corp.

Judge: 
Judge Boulden
Date: 
Apr-7-1993
Case Number(s): 
89B-7724
Status: 

UNPUBLISHED

Body: 

Attorneys for unsecured creditors and equity interest-holders filed an application for allowance of attorney's fees under 11 U.S.C. § 503(b)(3)(D) and (b)(4). The court determined that the attorneys' services that related to an objection to a secured claim had produced a substantial and demonstrable benefit to the estate, and were therefore compensable under § 503. However, the attorneys were not allowed compensation for their general participation in the reorganization process, as any benefit to creditors from that participation was too contingent or speculative to be quantified. In addition to entries related to general matters, the court also disallowed incomplete itemized entries and duplicate services.

Internal Ref: 
Opinion 362
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