IN RE NOVA REAL ESTATE INV. TRUST

Bankruptcy No. 81-01239.

25 B.R. 252 (1982)

In re The NOVA REAL ESTATE INVESTMENT TRUST, f/k/a First Virginia Mortgage and Real Estate Investment Trust, Debtor.

United States Bankruptcy Court, E.D. Virginia, Alexandria Division.

December 9, 1982.


Attorney(s) appearing for the Case

Quinlan J. Shea, Jr., Washington, D.C., Acting U.S. Trustee.

Roger Frankel, Frankel & Jacobs, Chartered, Bethesda, Md., Henry St. John Fitzgerald, Tolbert, Smith, Fitzgerald & Ramsey, Arlington, Va., Reavis & McGrath, Washington, D.C., Kenny, Nachwalter & Seymour, Miami, Fla., for debtor.

Michael L. Cook, Skadden, Arps, Slate, Meagher & Flom, New York City, Michael McGettigan, Murphy, McGettigan, McNally & West, P.C., Alexandria, Va., for the creditors' committee.

Charles A. Docter, Docter, Docter & Salus, Washington, D.C., for Senior Subordinated Noteholders.

Matthew P. Bangs, Arlington, Va., for NS & T Bank, N.A., Indenture Trustee.

James E. Wesner, Ginsburg, Feldman & Bress, Samuel M. Greenbaum, Washington, D.C., for NS & T Bank, N.A.

William H. Schwarzschild, III, Williams, Mullen, Christian, Pollard & Gray, Richmond, Va., for Bank of Virginia, Indenture Trustee.

A. Hugo Blankingship, Jr., Blankingship & Keith, Fairfax, Va., for Bank of Virginia.

K. Rodney May, Washington, D.C., for S.E.C.


MEMORANDUM OPINION

MARTIN V.B. BOSTETTER, Jr., Bankruptcy Judge.

We deal here with the issue of award of counsel fees.1 The general criteria for the award of fees for employment under Section 1103 of the Bankruptcy Code is Section 330(a):

(a) After notice to any parties in interest and to the United States trustee and a hearing, and subject to sections 326, 328, and 329 of this title, the court may award to a trustee...

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