Can Unsecured Creditors File Claims for Legal Fees Incurred Post-Petition, Based Upon a Pre-Petition Agreement?
On March 20, 2007, the Supreme Court, in Travelers Casualty and Surety Co. of America v. PG&E Co., 549 U.S. (2006), found that Bankruptcy law does not prevent unsecured creditors from claiming post-petition legal fees otherwise reimbursable pursuant to terms of a pre-petition contract. In Travelers, PG&E filed a Chapter 11 Bankruptcy in April of […]