'No Look' Attorneys' Fees and the Attorneys Who are Looking: An Empirical Analysis of Presumptively Approved Attorneys' Fees in Ch. 13 Bankruptcies and a Proposal for Reform
Bruce M. Price
University of San Francisco - School of Law
American Bankruptcy Institute Law Review, Forthcoming
Univ. of San Francisco Law Research Paper No. 2011-31
This article presents original empirical research on the issue of “No Look” or presumptively approved attorneys’ fees in consumer Chapter 13 bankruptcy cases. 11 U.S.C. section 330 requires court approval of attorneys’ fees. Courts are frequently unable to address the volume of applications if individual review were required. As such, many courts have set presumptively approved attorneys’ fees in which the attorneys’ fees for routine services are approved administratively. Circuits are split as to whether this practice can be rationalized with existing case law, the Bankruptcy Code or legislative intent. The study examines the practices of each Bankruptcy Court and finds a haphazard tapestry of fees, policies and procedures. To address these issues, the article proposes specific language to amend section 330 by adding a new subsection (G).
Number of Pages in PDF File: 86
Keywords: no look attorneys' fees, presumptively approved attorneys' fees, chapter 13, bankruptcy
Date posted: November 18, 2011 ; Last revised: December 12, 2011
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo6 in 0.328 seconds