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In re Sandpoint Cattle Company, LLC, Ch. 11, BK13-40219-SKH (July 28, 2016)

The court allowed in part the final application for compensation for the law firm representing a Chapter 11 debtor. The court disallowed the portion of the requested fees related to the abandonment of assets because the court previously ruled that the firm violated the standard of care concerning its representation of the debtor in this regard. The firm also was ordered to disgorge $400,000 in feesĀ  due to its "blatant disregard of the Bankruptcy Code and the rules" in misrepresenting to the court its compensation arrangements with and payments from third parties.

Thursday, July 28, 2016
Judge Shon Hastings