New Cases For the Week of January 28, 2008 - February 1, 2008

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January 29, 2008

Case

Court

Holding

In re First NLC Financial Services, LLC
(DBN Subscription Required)
Bankr. SD FL Where necessary to avoid immediate and irreparable harm, Rule 6003 permits interim approval of counsel for a debtor prior prior to expiration of 20 days. A corporate debtor's need for counsel during the first 20 days of a a case represents a basis for immediate and irreparable harm.
     
January 28, 2008

Case

Court

Holding

In re Schaffer
(DBN Subscription Required)
5th Cir. In bankruptcy proceedings arising after a civil administrative board sustained charges against debtor-practicing dentist, revoking his dental license and assessing the costs of the proceeding, bankruptcy court's judgment holding the costs to be nondischargeable is reversed where the district court erred in holding that the costs assessed by the board were a "fine, penalty, or forfeiture" and were not "actual compensation for pecuniary loss" under 11 U.S.C. section 523(a)(7).
     

 

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