Order Quantifying Equitable Lien May 16, 2001.
BACKGROUND
MICHAEL J. KAPLAN, Bankruptcy Judge.
This is a Creditors Committee challenge to a business broker's claim that its "finder's fee" is entitled to payment out of proceeds of the sale to the buyer it produced. The sale was post-petition. The production of the buyer was pre-petition. The Committee seeks to relegate the "finder" to general, unsecured, prepetition status.
Although both the...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.