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SCO's Ch. 11 Trustee Cahn files to block approval of professional fees until he can r
Another bill from Pachulski Stang filed in the SCO bankruptcy, this one for July, but the Chapter 11 trustee, Edward Cahn, has filed an Omnibus Response to and Reservation of Rights With Respect to Allowance of Debtors' Professionals' Fee Applications [PDF]:
WHEREFORE, the Trustee respectfully requests that (a) this Court refrain from approving interim and final allowance of the Professionals' fees as requested in the Fee Applications until such time as the Trustee has reviewed and evaluated the Fee Applications, (b) any fee applications listed on Exhibit A not be considered allowed under the Interim Compensation Order until further review and evaluation of the fees and case status has been determined and (c) granting such other and further relief as is just, proper and necessary.What does it mean? He'd like to see if the fees are reasonable. And there is a hint of possible disgorgement of fees already paid. More... |
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