Marco and Roxanne Cantu filed for chapter 11 relief, along with their wholly owned corporation, Mar-Rox Inc., after facing foreclosure on a number of their real estate hold-ings.1 At the time of the bankruptcy filing, the Cantus, individually and through Mar-Rox, owned approximately $24.4 million in real estate.2 The Cantus also had more than $37.4 million in secured debt and more than $10.7 million in unsecured debt. Mar-Rox's secured debt exceeded $20.9 million.

The debtors hired Ellen Stone and Stone Law Firm PC to represent them in their jointly administered complex chapter 11 cases.4 Stone represented the Cantus and Mar-Rox for 13 months, during which time she incurred $202,915.06 in legal fees and expenses, all of which were ultimately approved by the bankruptcy court

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Republished with permission.