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Claims Agent Retention (Order Authorizing Retention And Appointment) Form. This is a Delaware form and can be use in Bankruptcy Court Federal.
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Tags: Claims Agent Retention (Order Authorizing Retention And Appointment), Delaware Federal, Bankruptcy Court
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
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In re:
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Debtors
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Case No. __________
Chapter 11
ORDER AUTHORIZING RETENTION AND APPOINTMENT
OF [name of claims and noticing agent] AS CLAIMS AND NOTICING
AGENT UNDER 28 U.S.C. § 156(c), 11 U.S.C. § 105(a) AND LBR 2002-1(f)
Upon the application (the "Application") of [name of Debtors], Debtors and Debtors in
possession (the "Debtors"), for an order authorizing the retention and appointment of [name of
claims and noticing agent] as Claims and Noticing Agent (“Claims and Noticing Agent”), under
28 U.S.C. §156(c), Section 105(a) of the Bankruptcy Code1 and LBR 2002-1(f) and to, among
other things, (i) distribute required notices to parties in interest, (ii) receive, maintain, docket and
otherwise administer the proofs of claim filed in the Debtors' cases, and (iii) provide such other
administrative services – as required by the Debtors – that would fall within the purview of
services to be provided by the Clerk’s Office and upon the affidavit of
______________________________ submitted in support of the Application; and the Debtors
having estimated that there are in excess of [1,000] creditors in these cases, many of which are
expected to file proofs of claim, and it appearing that the receiving, docketing and maintaining of
proofs of claim would be unduly time consuming and burdensome for the Clerk; and the Court
being authorized under 28 U.S.C. §156(c) to utilize, at the Debtors' expense, outside agents and
facilities to provide notices to parties in title 11 cases and to receive, docket, maintain, photocopy
and transmit proofs of claim; and the Court being satisfied that Claims and Noticing Agent has
the capability and experience to provide such services and that Claims and Noticing Agent does
1
Capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms
in the Application.
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not hold an interest adverse to the Debtors or the estates respecting the matters upon which it is
to be engaged; and good and sufficient notice of the Application having been given; and no other
or further notice being required; and it appearing that the employment of Claims and Noticing
Agent is in the best interests of the Debtors, the estates and creditors; and sufficient cause
appearing therefor; it is hereby
ORDERED, that, notwithstanding the terms of the Engagement Letter attached to the
Application, the Application is approved solely as set forth in this Order; and it is further
ORDERED, that the Debtors are authorized to retain Claims and Noticing Agent
effective [date] under the terms of the Engagement Agreement, and Claims and Noticing Agent
is authorized and directed to perform noticing services and to receive, maintain, record and
otherwise administer the proofs of claim filed in these cases, and all related tasks, all as
described in the Application (the "Claims and Noticing Services"); and it is further
ORDERED, that Claims and Noticing Agent shall serve as the custodian of court records
and shall be designated as the authorized repository for all proofs of claim filed in these cases
and is authorized and directed to maintain official claims registers for each of the Debtors and to
provide the Clerk with a certified duplicate thereof upon the request of the Clerk; and it is further
ORDERED, that Claims and Noticing Agent is authorized and directed to obtain a post
office box or address for the receipt of proofs of claim; and it is further
ORDERED, that Claims and Noticing Agent is authorized to take such other action to
comply with all duties set forth in the Application; and it is further
ORDERED, that the Debtors are authorized to compensate Claims and Noticing Agent
in accordance with the terms of the Engagement Agreement upon the receipt of reasonably
detailed invoices setting forth the services provided by Claims and Noticing Agent and the rates
charged for each, and to reimburse Claims and Noticing Agent for all reasonable and necessary
expenses it may incur, upon the presentation of appropriate documentation, without the need for
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Claims and Noticing Agent to file fee applications or otherwise seek Court approval for the
compensation of its services and reimbursement of its expenses; and it is further
ORDERED, that Claims and Noticing Agent shall maintain records of all services
showing dates, categories of services, fees charged and expenses incurred, and shall serve
monthly invoices on the Debtors, the office of the United States Trustee, counsel for the Debtors,
counsel for any official committee, if any, monitoring the expenses of the Debtors and any partyin-interest who specifically requests service of the monthly invoices; and it is further
ORDERED, that the parties shall meet and confer in an attempt to resolve any dispute
which may arise relating to the Engagement Agreement or monthly invoices, and that the parties
may seek resolution of the matter from the Court if resolution is not achieved; and it is further
ORDERED, that pursuant to section 503(b)(1)(A) of the Bankruptcy Code, the fees and
expenses of Claims and Noticing Agent under this Order shall be an administrative expense of
the Debtors’ estates; and it is further
ORDERED, that Claims and Noticing Agent may apply its retainer to all pre-petition
invoices, which retainer shall be replenished to the original retainer amount, and thereafter,
Claims and Noticing Agent may hold its retainer under the Engagement Agreement during the
chapter 11 cases as security for the payment of fees and expenses incurred under the Engagement
Agreement; and it is further
ORDERED, that the Debtors shall indemnify Claims and Noticing Agent under the
terms of the Engagement Agreement; and it is further
ORDERED, that Claims and Noticing Agent shall not be entitled to indemnification,
contribution or reimbursement pursuant to the Engagement Agreement for services other than the
services provided under the Engagement Agreement, unless such services and the
indemnification, contribution or reimbursement therefore are approved by the Court; and it is
further
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ORDERED, that notwithstanding anything to the contrary in the Engagement Agreement,
the Debtors shall have no obligation to indemnify Claims and Noticing Agent, or provide
contribution or reimbursement to Claims and Noticing Agent, for any claim or expense that is
either: (i) judicially determined (the determination having become final) to have arisen from
Claims and Noticing Agent’s gross negligence, willful misconduct, or fraud; (ii) for a contractual
dispute in which the Debtors allege the breach of Claims and Noticing Agent’s contractual
obligations if the Court determines that indemnification, contribution or reimbursement would
not be permissible pursuant to In re United Artists Theatre Co., et al., 315 F.3d 217 (3d Cir.
2003), or (iii) settled prior to a judicial determination under (i) or (ii), but determined by this
Court, after notice and a hearing, to be a claim or expense for which Claims and Noticing Agent
should not receive indemnity, contribution or reimbursement under the terms of the Engagement
Agreement as modified by this Order; and it is further
ORDERED, that if, before the earlier of (i) the entry of an order confirming a chapter 11
plan in these cases (that order having become a final order no longer subject to appeal), or (ii) the
entry of an order closing these cases, Claims and Noticing Agent believes that it is entitled to the
payment of any amounts by the Debtors on account of the Debtors’ indemnification, contribution
and/or reimbursement obligations under the Engagement Agreement (as modified by this Order),
including without limitation the advancement of defense costs, Claims and Noticing Agent must
file an application therefore in this Court, and the Debtors may not pay any such amounts to
Claims and Noticing Agent before the entry of an order by this Court approving the payment.
This paragraph is intended only to specify the period of time under which the Court shall have
jurisdiction over any request for fees and expenses by Claims and Noticing Agent for
indemnification, contribution or reimbursement, and not a provision limiting the duration of the
Debtors’ obligation to indemnify Claims and Noticing Agent. All parties in interest shall retain
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the right to object to any demand by Claims and Noticing Agent for indemnification,
contribution or reimbursement; and it is further
ORDERED, that in the event Claims and Noticing Agent is unable to provide the
services set out in this order, Claims and Noticing Agent will immediately notify the Clerk and
Debtors' attorney and cause to have all original proofs of claim and computer information turned
over to another claims and noticing agent with the advice and consent of the Clerk and Debtors'
attorney; and it is further
ORDERED, that the Debtors may submit a separate retention application, pursuant to 11
U.S.C. § 327 and/or any applicable law, for work that is to be performed by Claims and Noticing
Agent but is not specifically authorized by this Order; and it is further
ORDERED, that the Debtors and Claims and Noticing Agent are authorized to take all
actions necessary to effectuate the relief granted pursuant to this Order in accordance with the
Application; and it is further
ORDERED, that, notwithstanding any term in the Engagement Agreement to the
contrary, the Court retains jurisdiction with respect to all matters arising from or related to the
implementation of this Order; and it is further
ORDERED, that Claims and Noticing Agent shall not cease providing claims processing
services during the case(s) for any reason, including nonpayment, without an order of the Court;
and it is further
ORDERED, that in the event of any inconsistency between the Engagement Agreement,
the Application and the Order, the Order shall govern.
Dated:
, 20__
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___________________________________
UNITED STATES BANKRUPTCY JUDGE
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