Kirkland's Fee Request in Ch. 11 Case Challenged by U.S. Trustee
The U.S. Trustee Andrew N. Vara recently requested that U.S. Bankruptcy Judge Christopher S. Sontchi deny the fee request of the law firm Kirkland & Ellis, one of the law firms representing Samson Resources Corp., in its Chapter 11 bankruptcy and cited a recent U.S. Supreme Court case to support of his position.
November 30, 2015 at 10:30 AM
3 minute read
In June, the U.S. Supreme Court ruled that bankruptcy attorneys cannot recover money spent on defending their fee requests from challenges. Now the decision in Baker Botts v. ASARCO is starting to gain traction in other large corporate bankruptcy cases.
A recent example of the ruling being cited to object to court-appointed counsel's efforts to get reimbursed for their fees for defending their fee applications is in the ongoing Chapter 11 case Samson Resources Corp. in the U.S. Bankruptcy Court for the District of Delaware.
Samson is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas from properties located onshore in the United States. It has offices in the Woodlands, Texas; Tulsa, Oklahoma; and Denver, Colorado. The company and its affiliates filed their Chapter 11 bankruptcy on Sept. 16.
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