After notice to the parties in interest and the United States Trustee and a hearing, the court may award to a professional person employed by the debtor (in the debtor's sole discretion), the Oversight Board (in the Oversight Board's sole discretion), a committee under section 1103 of title 11, or a trustee appointed by the court under section 926 of title 11-
The court may, on its own motion or on the motion of the United States Trustee or any other party in interest, award compensation that is less than the amount of compensation that is requested.
In determining the amount of reasonable compensation to be awarded to a professional person, the court shall consider the nature, the extent, and the value of such services, taking into account all relevant factors, including-
The court shall not allow compensation for-
The court shall reduce the amount of compensation awarded under this section by the amount of any interim compensation awarded under section 2177 of this title, and, if the amount of such interim compensation exceeds the amount of compensation awarded under this section, may order the return of the excess to the debtor.
Any compensation awarded for the preparation of a fee application shall be based on the level and skill reasonably required to prepare the application.
1See References in Text note below.
48 U.S.C. § 2176
EDITORIAL NOTES
REFERENCES IN TEXTThis chapter, referred to in subsec. (c)(3), was so in the original, but probably should have been a reference to "this title", meaning title III of Pub. L. 114-187, 130 Stat. 577, which is classified generally to this subchapter. Pub. L. 114-187 does not contain chapters.
- Oversight Board
- The term "Oversight Board" means a Financial Oversight and Management Board established in accordance with section 2121 of this title.