March 2010
Substantial Contribution ClaimsHow Important Is the Element of Intent?
By Steven B. Smith and Jennifer A. Muller
Where a creditor retains a professional to advance a particular position in a Chapter 11 case whose efforts result in the making of a substantial contribution to the case, such creditor can potentially get reimbursed for all of its out-of-pocket expenses, including for reasonable compensation for professional services rendered.
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