New Cases For the Week of August 4, 2003 - August 8, 2003

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August 8, 2003

Case

Court

Holding

In re Farmland Industries, Inc.
(DBN Subscription Required)
8th Cir. BAP The bankruptcy court did not err in ordering that the success fee of the creditors committee's financial advisor should be paid from the distribution to the committee's constituency rather than from general estate funds as an administrative expense.

August 6, 2003

Case

Court

Holding

In re Cody, Inc.
(DBN Subscription Required)
2d Cir. Where a tribunal subject to de novo review had considered and ruled on a debtor/taxpayer's tax dispute prepetition, such ruling constituted an "adjudication," barring bankruptcy court consideration of the tax dispute under 11 USC 505(a)(2)(A).
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