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Lesson #1 learned: Don’t bust
Lesson #1 learned: Don’t bust the chops of a fully secured lender who’s armed with a fee-shifting clause in the loan agreement.
Lesson #2 already known: Don't worry about busting the chops of debtors, even when they're armed with fee shifting statutes in oft disregarded consumer protection laws.
A January 5, 2024 opinion
A January 5, 2024 opinion from the Colorado bankruptcy court in In re Sirios, Case No. 20-16709 (Docket No. 262), provides a nice contrast to the Damon Capital case. In the Sirios case, the court substantially reduced a lender's attorneys' fees.