More Cases ... Bankruptcy Expert Fees: UDC Homes

Business Valuation UpdateVol. 3 No. 1
Legal and Court Case Update
January 1997
1521 General Contractors-Single-Family Houses
236115 New Single-Family Housing Construction (except For-Sale Builders)

In re UDC Homes
203 B.R. 218, 1996 Bankr. LEXIS 1583
December 6, 1996
Federal Court
United States Bankruptcy Court
Donaldson, Lufkin and Jeanrette<br>Houlihan, Lokey, Howard and Zukin


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

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