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IN RE ANDERSON GRAIN CORP.

Bankruptcy Nos. 596-51099-11 to 596-51102-11.

222 B.R. 528 (1998)

In re ANDERSON GRAIN CORPORATION, Debtor. In re SUNMARK GRAIN, INC., Debtor. In re ZIPP INDUSTRIES, INC., Debtor. In re PAX INDUSTRIES, INC., Debtor.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

May 28, 1998.

Attorney(s) appearing for the Case

William S. Parkinson, Dallas, TX, for U.S. Trustee.

Vernon O. Teofan, Jenkens & Gilchrist, Dallas, TX, for CIT.

R. Byrn Bass, Jr., Lubbock, TX, for Anderson Grain.

Robert B. Wilson, Lubbock, TX, for Sunmark Grain.

Max Tarbox, Lubbock, TX, for Zipp Industries.

Deborah Penner, Lubbock, TX, for Pax Industries.

David R. Langston, Mullin, Hoard & Brown, L.L.P., Lubbock, TX, for Anderson Grain Creditors Committee.

L.E. Creel, III, Malouf Lynch Jackson. Kessler & Collin, Dallas, TX, for Zipp Industries Creditors Committee.

MEMORANDUM OF OPINION ON CIT'S ATTORNEY'S FEES

JOHN C. AKARD, Bankruptcy Judge.

The CIT Group/Business Credit, Inc. (CIT) seeks a determination that the attorney's fees and expenses which it charged the reorganized debtor in this case are reasonable under § 1129(a)(4) of the Bankruptcy Code.1 Pursuant to the confirmed plan of reorganization, the reorganized debtor paid CIT $489,194.34.2 The court...

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