Tuesday, July 16, 2019
Click here to view a public service announcement regarding the upcoming, potential reappointment of Mark Zimlich, US Bankruptcy Administrator, Southern District of Alabama.
Change of Quarterly Fees
Notice of Change to Quarterly Fees: The Bankruptcy Administration Improvement Act of 2020, Pub. L. No. 116-325, enacted on January 12, 2021, temporarily amended the calculation of chapter 11 quarterly fees for calendar quarters beginning April 1, 2021 through December 31, 2025. Under this amendment, the quarterly fee payable for a calendar quarter shall be the greater of: (1) 0.4% of disbursements or $250 for each quarter in which disbursements total less than $1,000,000, and (2) 0.8% of disbursements but not more than $250,000 for each quarter in which disbursements total at least $1,000,000. The following table displays the disbursement ranges and quarterly fees under the amended quarterly fee schedule for calendar quarters beginning April 1, 2021 through December 31, 2025.
The attached quarterly fee schedule is applicable to all Chapter 11 cases pending on April 1, 2021 or filed thereafter.
