Memorandum Ruling (Re: [263] Hearing Held - Trial) The court finds that Adams & Reese failed to comply with the disclosure requirements of Rule 2014(a) and failed to timely correct its defective disclosures. Accordingly, the court orders that Adams & Reese must disgorge $135,000 of the fees it was awarded as counsel for the Debtors. In all other respects, the Trustee's claims are denied and the Trustee shall recover nothing. The Trustee shall submit a judgment in conformity with this Memorandum Ruling within 30 days. (melo) Text searchable version of order attached. Modified on 9/1/2010 (jean).
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Friday, August 27, 2010