Bankruptcy & Attorney's Fees

On Tuesday, the SCOTUS unanimously decided that a contract-based claim for attorney's fees is not disallowed under federal bankruptcy law, even where the fees in question were incurred litigating bankruptcy issues in a post-petition setting.  Reversing the Ninth Circuit (ed.: now there's a surprise), the Court concluded the view that "such fees are categorically prohibited . . . finds no support in the Bankruptcy Code." Continue Reading...