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This updated version of ABI's handbook on retention and fee issues for nonattorney professionals discusses the various aspects of the professional retention process of 11 U.S.C. §§ 327 and 1103 and the fee payment procedures of 11 U.S.C. §§ 330 and 331.
The first edition of Getting Paid: Retention and Compensation in Bankruptcy Cases was written by six experienced bankruptcy practitioners with nonattorney professionals and their counsel in mind. This second edition provides updated practical advice on a wide range of issues, including the question of who is deemed a "professional" in terms of requiring bankruptcy court approval for employment, drafting of engagement agreements, and the filing and defense of interim and final fee applications.
Getting Paid: Retention and Compensation in Bankruptcy Cases — A Guide for Non-Attorney Professionals and the Attorneys Who Represent Them is a must-read for anyone who plans to work for debtors or committees in a bankruptcy proceeding.