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IN RE S & Y ENTERPRISES, LLC

Nos. 10-50623, 10-51510.

480 B.R. 452 (2012)

In re S & Y ENTERPRISES, LLC, Debtor. In re Sky Lofts, LLC, Debtor.

United States Bankruptcy Court, E.D. New York.

September 28, 2012.

Attorney(s) appearing for the Case

David Carlebach, Esq. , Law Offices of David Carlebach, New York, NY, for S & Y Enterprises, LLC and Sky Lofts, LLC.

Kelley A. Cornish, Esq. , Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, for CAB Bedford, LLC.

William B. Curtin, Esq. , Office of the United States Trustee, Brooklyn, NY, for Office of the United States Trustee.

Janice MacAvoy, Esq. , Gabriel Libhart, Esq. , Marissa Soto, Esq. , Fried, Frank, Harris, Shriver & Jacobson LLP, New York, NY, for Bedford JV, LLC.

MEMORANDUM DECISION ON APPLICATION FOR A SUBSTANTIAL CONTRIBUTION ADMINISTRATIVE EXPENSE

ELIZABETH S. STONG, Bankruptcy Judge.

Every bankruptcy case benefits from the services of bankruptcy professionals. The Bankruptcy Code permits many of these professionals to be compensated with special administrative priority from the assets of the debtor's estate. This administrative priority encourages professionals, including counsel, to take on the responsibility...

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