April 23, 2019
Authored by: Jacob Johnson
Editor’s Note – This is a great and useful post. Most importantly, these formulae work perfectly – your editor actually tried them out in his own spreadsheet. For your next Debtor case, use this for your budgeting and there should be no surprises for US Trustee fees. And if you have any trouble with this, call Jacob directly – he is a data-driven lawyer and also very interested in lending a hand to fellow restructuring professionals.
Recently I had to project quarterly U.S. Trustee fees in several jointly administered chapter 11 bankruptcy cases under the U.S. Trustee’s current fee guidelines (posted to effectuate 28 U.S.C. § 1930(a)(6)). Fees are calculated based on each debtor’s “disbursements” in a given quarter. The calculation of multiple U.S. Trustee fees for multiple debtors can be challenging, particularly since the U.S. Trustee fees are calculated based on eight different brackets.