Getting Paid as a Professional to a Chapter 11 Debtor or Trustee | Practical Law

Getting Paid as a Professional to a Chapter 11 Debtor or Trustee | Practical Law

This Note describes the components of getting paid as a professional to a Chapter 11 trustee or debtor-in-possession including the process and standards for obtaining approval of a professional's reasonable fees and expenses under section 330 of the Bankruptcy Code. This Note also provides links to summaries of the local rules for professional fee requests in certain jurisdictions, allowing attorneys to compare rules across different bankruptcy courts.

Getting Paid as a Professional to a Chapter 11 Debtor or Trustee

Practical Law Practice Note 8-616-5137 (Approx. 37 pages)

Getting Paid as a Professional to a Chapter 11 Debtor or Trustee

by Practical Law Bankruptcy & Restructuring
Maintained • USA (National/Federal)
This Note describes the components of getting paid as a professional to a Chapter 11 trustee or debtor-in-possession including the process and standards for obtaining approval of a professional's reasonable fees and expenses under section 330 of the Bankruptcy Code. This Note also provides links to summaries of the local rules for professional fee requests in certain jurisdictions, allowing attorneys to compare rules across different bankruptcy courts.