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EMPLOYMENT OF PROFESSIONAL PERSONS

U.S. Bankruptcy Court for the Southern District of New York

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the Southern District of New York

Rule: 2014-1

Jurisdiction: SDNYB

Bluebook Citation: Bankr. S.D.N.Y. R. 2014-1

All Rules: Bankr. S.D.N.Y. Local Bankruptcy Rules, complete index

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An application for the employment of a professional person pursuant to sections 327 and 328 of the Bankruptcy Code must state the specific facts showing the reasonableness of the terms and conditions of the employment, including the terms of any retainer, hourly fee or contingent fee arrangement. Comment This rule is derived from Former Local Bankruptcy Rule 39. The information required by Bankruptcy Rule 2014(a) and this rule may be contained in the same application.

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