In re Parreira

AMENDED MEMORANDUM DECISION REGARDING OBJECTION TO LEGAL FEES AND PROOF OF CLAIM

In this contested matter, the parties have asked the court to determine the amount of legal fees that can be recovered pursuant to 11 U.S.C. § 506 (b) 1 by Fresno-Madera Production Credit Association (“PCA”) for work performed in connection with this bankruptcy case. PCA is a fully secured creditor and is entitled by contract to recover reasonable attorney’s fees as part of its claim. PCA has filed an amended proof of claim requesting attorney’s fees incurred through February 10, 2011, in the amount of $53,384.50. 2 The court deems the Debtors’ objection to those fees to also be an objection to PCA’s amended claim. Based upon a prior stipulation of the parties, only $23,300 of PCA’s attorney’s fees, those for legal services performed after September 30, 2010, are now *413 in dispute. For the reasons stated below, the Debtors’ objection will be overruled. PCA’s legal fees will be allowed in full.

This memorandum contains the court’s findings of fact and conclusions of law required by Federal Rule of Civil Procedure 52(a), made applicable to this contested matter by Federal Rule of Bankruptcy…