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NDGa – Unapproved Fees Must Be Kept In Trust Account

By Sunghee Sohn on December 17, 2005

11 U.S.C. §330; Retainer; Payment of Professional Fees
In re Bramlett Plumbing, Inc., 2005 Bankr. LEXIS 2766, No. 05-73925 (Bankr. N.D. Ga. October 14, 2005)(Murphy)
The majority position in bankruptcy case law is that retainers to professionals are property of the estate and must remain in a trust account until an entry of an order allowing the payment of fees.

  • Posted in:
    Bankruptcy
  • Blog:
    Georgia Bankruptcy Blog
  • Organization:
    The Law Office of Scott B. Riddle
  • Article: View Original Source

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