ABI - American Bankruptcy Institute

01/17/2025 | News release | Distributed by Public on 01/16/2025 15:50

The Client’s Business Judgment Held to Justify a ‘Discretionary’ Fee Award

January 17, 2025

The Client's Business Judgment Held to Justify a 'Discretionary' Fee Award

A district court in New Jersey says that a discretionary fee award is neither a bonus nor an enhancement.

Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur rem aliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero. Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur rem aliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero.

Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur remaliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero.

Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur remaliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero. Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur remaliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero.

Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur remaliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero. Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur remaliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero.

ABI MEMBERS ONLY

ABI Membership is required to access the full summary. Please Sign in using your ABI Member credentials.

Not a Member yet? Try Us Out!

Sign up to receive Rochelle's Daily Wire and try out our membership for 30 days. When you do - you'll see why our members "Think ABI First."

Learn More

Opinion Link

View Opinion
https://abi-opinions.s3.us-east-1.amazonaws.com/LTL+re+Houlihan+Fees.pdf

Case Details

Case Citation

LTL Management LLC v. Houlihan Lokey Capital Inc., 24-82 (D.N.J. Dec. 31, 2024).

Case Name

LTL Management LLC v. Houlihan Lokey Capital Inc.

Case Type

Business