Abstract

http://ssrn.com/abstract=1960783
 


 



'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


USF School of Law

2011

American Bankruptcy Institute Law Review, Forthcoming
Univ. of San Francisco Law Research Paper No. 2011-31

Abstract:     
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

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Date posted: November 18, 2011 ; Last revised: December 12, 2011

Suggested Citation

Price, Bruce M., '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 (2011). American Bankruptcy Institute Law Review, Forthcoming; Univ. of San Francisco Law Research Paper No. 2011-31. Available at SSRN: http://ssrn.com/abstract=1960783

Contact Information

Bruce M. Price (Contact Author)
USF School of Law ( email )
2130 Fulton Street
San Francisco, CA 94117
United States
4154225198 (Phone)
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