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The LoPucki-Doherty Professional Fees Calculator

Enter an estimate of a large public company's assets, click on "calculate," and the program predicts the total professional fees and expenses from filing through confirmation. Additional input increases prediction accuracy.

Example    Input
$881,600,000    Enter debtor's assets at filing (from the petition, in dollars).
406    Enter the number of days from petition filing to plan confirmation.
11    Enter the number of professional firms authorized to work.
no    Enter "yes" if the bankruptcy case is in Delaware, "no" if it is not.

Calculate
 

 
 Output
 
$5,773,817   We can be 80% confident the fees and expenses will not be less than this
$9,420,857   We predict the court will award this amount of fees and expenses
$15,371,554   We can be 80% confident the fees and expenses will not be more than this

Calculations are based on the data and regression model presented in Lynn M. LoPucki & Joseph W. Doherty, An Empirical Study of the Determinants of Professional Fees in Large Bankruptcy Reorganization Cases, Revisited, forthcoming in Journal of Empirical Legal Studies (2008).

Books by
Lynn M. LoPucki

Courting Failure : How Competition for Big Cases Is Corrupting the Bankruptcy Courts
Buy from Amazon

Strategies For Creditors In Bankruptcy Proceedings
Buy from Amazon

Secured Credit : A Systems Approach
Buy from Amazon
Comments to lopucki@law.ucla.edu
Copyright © 2005 by Lynn M. LoPucki		 ↑ back to top