More Cases ... Bankruptcy Expert Fees: UDC Homes

Business Valuation UpdateVol. 3 No. 1
Legal and Court Case Update
January 1997

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1521 General Contractors-Single-Family Houses
236115 New Single-Family Housing Construction (except For-Sale Builders)
bankruptcy
In re UDC Homes
203 B.R. 218, 1996 Bankr. LEXIS 1583
December 6, 1996
US
Federal Court
Delaware
United States Bankruptcy Court
Donaldson, Lufkin and Jeanrette<br>Houlihan, Lokey, Howard and Zukin
Balick

Summary

The court ruled that reimbursement of expenses in Chapter 11 cases can be based upon a restructuring fee concept, such as compensation on the basis of a percentage of certain financial benchmarks relating to the resulting transaction.

See Also

In re UDC Homes

Full Text of Court Cases
December 6, 1996

At issue is the approval of compensation and reimbursement of expenses.