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ARTICLE · 16 JUNE 2015

Supreme Court Decision Alert - June 15, 2015

Mayer Brown
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Today, the Supreme Court issued one decision, described below, of interest to the business community.

United StatesLitigation, Mediation & Arbitration
Richard Katskee
Richard Katskee
Brian Netter
Brian Netter
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Today, the Supreme Court issued one decision, described below, of interest to the business community:

Bankruptcy Code—Professional Fees

Baker Botts L.L.P. v. ASARCO LLC, No. 14-103 (previously described in the October 2, 2014, Docket Report)

Section 330(a) of the Bankruptcy Code grants discretion to bankruptcy judges to award "reasonable compensation for actual, necessary services rendered" by an attorney or other professional employed by the estate. 11 U.S.C. § 330(a)(1). In order to receive compensation, the professional must submit a fee application. The Courts of Appeals previously were divided over whether § 330(a) permits a bankruptcy court to award attorneys' fees for work performed in defending such a fee application in court.

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