In In re Village Apothecary, Inc.,1 the Sixth Circuit last month reduced an attorney's fees by half, where the professional's services were not "successful." The results obtained (or, actually, the lack of results) justified cutting the fees of attorneys for a Chapter 7 trustee by 50%.
Why It Matters to Chapter 13 People
This analysis of the implications of Village Apothecary and its statutory foundation2 reveals that it may have unintended consequences . . .
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