IN RE DAVID N. RAUSCH, INC.

Bankruptcy Nos. 382-00076, 382-00077, Joint Administration No. 382-00076.

41 B.R. 833 (1984)

In re DAVID N. RAUSCH, INC., d/b/a Farmer/Rancher, Case No. 382-00076, and David Nick Rausch and Mary Susan Rausch, d/b/a Farmer/Rancher, Case No. 382-00077, Debtors.

United States Bankruptcy Court, D. South Dakota.

August 31, 1984.


Attorney(s) appearing for the Case

Craig E. Smith, Neumayer & Smith, Gettysburg, S.D., for First Bank Gettysburg.

William J. Pfeiffer, Aberdeen, S.D., for debtors David N. Rausch, Inc., d/b/a Farmer/Rancher, and David Nick Rausch and Mary Susan Rausch, d/b/a Farmer/Rancher.

William P. Westphal, Minneapolis, Minn., United States Trustee.


MEMORANDUM DECISION

PEDER K. ECKER, Bankruptcy Judge.

The above-entitled matter is before the Court on the application of First Bank Gettysburg for attorney's fees under 11 U.S.C. § 506(b). The debtors and the United States Trustee have filed objections.

Section 506(b) of the Bankruptcy Code allows an oversecured creditor to add reasonable fees, among other things, to the value of its claim if the agreement under which the claim arose so provides...

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