RULE 2015-2       DEBTOR IN POSSESSION DUTIES - DISCLOSURE OF COMPENSATION TO DEBTOR'S PRINCIPALS OR INSIDERS IN CHAPTER 11 CASES

 (a)        Payment of Compensation.  Unless the court orders otherwise, the debtor in possession in a chapter 11 case shall not pay compensation or other remuneration from assets of the estate to insiders as defined by 11 U.S.C. section 101(31), from the time of filing the petition until confirmation of the plan, unless the debtor in possession has filed a notice of compensation which sets forth and discloses

 (1)        the compensation or remuneration it intends to pay each such person post-petition, and

 (2)        the compensation or remuneration it paid each of those persons within the two-year period prior to the filing of the petition.

 (b)       Notice to Creditors.  Unless the court orders otherwise, the debtor in possession in a chapter 11 case shall serve the notice of compensation on all creditors, equity security holders, and other parties in interest.

 (c)        Disgorgement.  The court may require disgorgement of any compensation paid in violation of this rule, or which it determines was improvidently paid by the estate.