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Home / Opinion Digests / Oversecured creditor awarded reasonable attorneys’ fees (access required)

Oversecured creditor awarded reasonable attorneys’ fees (access required)

Where attorneys’ fees incurred by the oversecured creditor were reasonable and necessary to protect its interest in the bankruptcy cases, and the debtors agreed the rates were reasonable, the creditor was entitled to recover its fees under section 506(b) of the Bankruptcy Code. Background The issue before the court concerns the reasonable amount of fees and expenses ...