6th Circuit Finds Lower Court Erred In Attorney Fee Allocation Analysis

( August 14, 2026, 9:15 AM EDT) -- CINCINNATI — A Sixth Circuit U.S. Court of Appeals panel vacated an attorney fee award and remanded for further proceeding, finding that a lower court did not determine whether attorney fees a company sought from a guarantor were part of an underlying loan and, therefore, had to be allocated under an intercreditor agreement governing proceeds from the sale of the borrower’s assets....