Fifth Circuit: Edwards Family Partnership, et al v. Johnson, et al

 

Under the bankruptcy statute, the Trustee's interest in litigation relating to the estate is not pecuniary, but rather the obligation to administer the estate, and is therefore not extinguished by an agreement between rival claimants.

The reasonableness of litigation expenses is determined by asking whether it was an abuse of discretion at the time of the expense, not by an after the fact determination of the merits of the claim.



Edwards Family Partnership, et al v. Johnson, et al