MEMORANDUM OPINION
JANET S. BAER, United States Bankruptcy JudgeThis matter comes before the Court on the continuing dispute over fees and expenses, now totaling over $4.4 million, sought by FBR Capital Markets & Co. (“FBR”), a financial advisor retained by the Debtors. In a prior proceeding, FBR requested a restructuring fee (the “Restructuring Fee”), and Bletchley Hotel at *231O’Hare LLC (“Bletchley”), the plan transferee created through the confirmed plan and the entity responsible for the payment of all allowed administrative expenses in the case, objected. After briefing and a bench trial, the Court issued a memorandum opinion holding that FBR was entitled to the Restructuring Fee (the “October 2014 Opinion”). See In re River Rd. Hotel Partners, LLC, 520 B.R. 691 (Bankr.N.D.Ill.2014). The corresponding order approving the Restructuring Fee directed FBR to submit an amended final fee application with updated calculations for the Fee.
FBR filed its amended second fee application (the “Amended Fee Application”), which seeks not only the Restructuring Fee of approximately $2.5 million, but also more than $1.8 million in expense reimbursement, the majority of which was incurred for attorneys’ fees in defense of FBR’s fee request. Bletchley objected to the Amended Fee Application, thus giving rise to the instant dispute. In its objection, Bletchley effectively asks the Court to reconsider its decision in the October 2014 Opinion regarding FBR’s entitlement to the Restructuring Fee. Bletchley also argues that FBR’s expense request for attorneys’ fees for work performed in defending the fee application should be denied or the fees substantially reduced. For the reasons set forth below, the Court will not reconsider its decision in the October 2014 Opinion and finds that FBR is entitled to the Restructuring Fee in the amount of $2,568,145.89. With respect to the reimbursement of expenses, the Court awards FBR $62,466.60. All other requested expenses are denied.
JURISDICTION
The Court has jurisdiction over this matter pursuant to 28 U.S.C. § 1334 and Internal Operating Procedure 15(a) of the United States District Court for the Northern District of Illinois. This is a core proceeding under 28 U.S.C. § 157(b)(2)(A) and (B).
BACKGROUND
The Court incorporates the background section of the October 2014 Opinion. To provide context for this ruling, certain relevant facts are repeated below, together with additional facts pertinent to this Memorandum Opinion.
This case arises out of the Debtors’ chapter 11 bankruptcy filing in connection with their ownership of the Intercontinental Hotel at O’Hare Airport. On August 13, 2009, FBR and the Debtors executed an engagement letter (the “Engagement Letter”), which formalized the arrangement between the parties regarding the retention of FBR as financial advisor to the Debtors. (See FBR’s Am. Second Interim & Final Fee Appl. (“FBR’s Am. Fee App”), Ex. A.) According to the Engagement Letter, which was drafted by FBR, FBR agreed to review and analyze the Debtors’ business, operations, and financial projections; advise and assist the Debtors in restructuring and financial transactions; and provide the Debtors with financial advice in developing and implementing a restructuring. (Id. at ¶¶ 1 & 2.) In compensation for the services rendered by FBR, the Debtors agreed to pay a financing fee, a monthly fee of $10,000, a cash retainer of $50,000 (to be applied to the first five monthly fee payments), and a Restructuring Fee equal to 135 basis points of the aggregate principal amount of any existing obligations involved in the restructuring. (Id. at ¶ 3(a)-(d).) As for the reimbursement of FBR’s expenses, the Engagement Letter provided, in relevant part, as follows:
In addition to any fees that may be payable to [FBR] and, regardless of *232whether any transaction occurs, the [Debtors] shall promptly reimburse to [FBR] (a) all reasonable out-of-pocket expenses ... and (b) reasonable fees and expenses of legal counsel, if any, in each case incurred by [FBR] in connection with the services provided hereunder.
(Id. at ¶ 3(e).)
With respect to the employment of FBR, the Debtors agreed to the retention “on the terms and conditions set forth in th[e] [Engagement Letter] under the provisions of 11 U.S.C. §§ 327 and 328 subject to the standard of review provided in Section 328(a), and not subject to the standard of review under 11 U.S.C. § 330 or any other standard of review.” (Id. at ¶ 4.) The Engagement Letter further provided that:
In so agreeing to seek [FBR]’s retention under Section 328(a), the [Debtors] acknowledge[] that [they] believe[] that [FBR’]s general restructuring experience and expertise, its knowledge of the capital markets and its merger and acquisition capabilities will inure to the benefit of the [Debtors] in pursuing any Restructuring and/or Financing, that the value to the [Debtors] of [FBR]’s services hereunder derives in substantial part from that expertise and experience and that, accordingly, the structure and amount of the contingent fees are reasonable under the standard set forth in Section 328(a), regardless of the number of hours to be expended by [FBRJ’s professionals in the performance of the services to be provided hereunder.
(Id. (emphasis added).)
The Debtors also agreed under the Engagement Letter to “indemnify and hold harmless” FBR and its affiliates, along with their directors, officers, employees, agents, and controlling persons, “from and against all losses, claims, damages and liabilities ... to which ... [they became] subject under any applicable federal or state law, or otherwise,” which were related to or resulting from FBR’s performance of the services contemplated by the engagement. (Id. at ¶ 12 & App. I.) Additionally, the Debtors agreed to “promptly reimburse” FBR for all “reasonable expenses (including reasonable counsel fees and expenses)” as they were incurred “in connection with the investigation of, preparation for or defense arising from any threatened or pending claim, whether or not [FBR was] a party and whether or not such claim, action or proceeding was initiated or brought by the [Debtors].” (Id. at App. I.)
On September 3, 2009, the Debtors filed an application to employ FBR. (See Docket No. 48.) Two weeks later, on September 17, 2009, the Court entered an order authorizing FBR’s retention and employment (the “Retention Order”). (See Docket No. 79.) Among other provisions, paragraph 3 of the Retention Order stated that “FBR’s non-restructuring professionals shall not be required to keep time records” and that “FBR shall not be required to provide or conform to any schedule of hourly rates.” (Id. at ¶ 3.) In addition, paragraph 4 of the Retention Order stated, in pertinent part, the following with respect to the payment of fees and expenses to FBR:
4. Notwithstanding anything contained herein to the contrary, the fees payable to FBR pursuant to the Engagement Letter shall be subject to review only pursuant to the standards set forth in section 328(a) of the Bankruptcy Code and shall not be subject to the standards of review set forth in section 330 of the Bankruptcy Code; provided however, that ... the reimbursement of all FBR’s out-of-pocket expenses shall be subject to further review and approval by the *233Court pursuant to section 330 of the Bankruptcy Code and applicable Local Rules and Federal Rules of Bankruptcy Procedure[.]
(Id. at ¶ 4 (emphasis added).)
Over the course of the chapter 11 case, FBR performed the eontracted-for financial services. On June 4, 2010, the Debtors filed a plan and related documents which, among other things, sought to sell encumbered assets free and clear of liens without permitting Amalgamated Bank, a secured lender, to credit bid its claim in the sale. (See Docket Nos. 308 & 309.) The Debtors’ plan approach in this regard was unsuccessful, and on July 7, 2011, the Court confirmed a plan proposed by Amalgamated Bank. (See Docket No. 853.) Under the confirmed plan, Bletchley was created as the plan transferee and made entirely responsible for paying allowed administrative expenses, including all fees and expenses owed to FBR.1 (See Docket No. 840; FBR’s Am. Fee App ¶ 14.)
On January 18, 2012, FBR filed its second interim and final fee application, seeking, inter alia, compensation for the period September 1, 2010 through November 23, 2011 in the amount of $2,546,965.73, of which $2,396,965.73 constituted the Restructuring Fee. (See Docket No. 955.) Bletchley objected, claiming that FBR was not entitled to receive the Restructuring Fee because the restructuring in the case was' based on a third party’s plan. After FBR filed a motion for summary judgment, Bankruptcy Judge Bruce W. Black found that the Retention Order was ambiguous, denied FBR’s motion, and granted summary judgment sua sponte for Bletehley. (See Docket Nos. 1133 & 1134.) On appeal, the district court found that the agreement regarding entitlement to the Restructuring Fee was ambiguous and that the interpretation of that agreement presented a genuine issue of material fact.2 (See Docket No. 1164.) Accordingly, the district court affirmed in part, reversed in part, and remanded the matter for trial. After a three-day evidentiary hearing, the Court issued the' October 2014 Opinion, finding that the language of the Engagement Letter was unambiguous, that the Retention Order referred back to the Engagement Letter and its broad definition of restructuring, and that there was no clear evidence that the language of the Retention Order was meant to limit FBR to a Restructuring Fee based on confirmation of a debtor-sponsored plan or on a restructuring that was the result of FBR’s efforts. River Rd., 520 B.R. at 703. Additionally, the Court construed the ambiguity created by the Retention Order against the Debtors, who had drafted and revised the Order, and in favor of FBR under the doctrine of contra proferentem, which requires contractual ambiguities to be resolved against the drafter. Id. Accordingly, the Court concluded that FBR is entitled to the Restructuring Fee and directed FBR to file an amended fee application with updated calculations for the Fee. Id. at 703-04; see Docket No. 1211.
In accordance with the Court’s directive, on November 13, 2014, FBR filed its Amended Fee Application, which seeks payment of the Restructuring Fee in the amount of $2,568,145.89 and reimbursement of expenses in the amount of *234$1,846,838.32, of which $1,773,331.00 was incurred for attorneys’ fees in connection with filing and pursuing the compensation initially requested in the fee application. (See Docket No. 1215.) Bletchley objected to the Amended Fee Application, asking the Court to reconsider its decision that FBR is entitled to the Restructuring Fee and urging that the attorneys’ fees for work performed in defending the fee application be denied or considerably lowered. The objection has been fully briefed, the United States Supreme Court has decided a key issue, and the matter is now ready for ruling.
DISCUSSION
Bletchley objects to FBR’s requests for both the Restructuring Fee and the reimbursement of expenses. As to the Restructuring Fee, Bletchley objects to FBR’s entitlement to the Fee and the amount requested and questions the standard of review. With respect to the expenses sought, Bletchley contends that FBR has no basis for reimbursement of its attorneys’ fees. Additionally, Bletchley argues that the attorneys’ fees were not pre-approved, are not reasonable, and do not benefit the Debtors’ bankruptcy estates and that, accordingly, they should be either denied or substantially reduced.
A. The Restructuring Fee
1. FBR’s Entitlement to the Restructuring Fee
Bletchley initially explained that its objection to FBR’s entitlement to the Restructuring Fee was restated in order to have “a clear and clean record” for “subsequent appeals.” (FBR’s Resp., Ex. A, 10:24-11:2.) Bletchley now claims that its entitlement objection can be appropriately reviewed and decided as a motion to reconsider under Bankruptcy Rule 9024.
Rule 60(b), made applicable to bankruptcy proceedings by Bankruptcy Rule 9024, allows a court to relieve a party from a final judgment, order, or proceeding for the following reasons:
(1) mistake, inadvertence, surprise, or excusable neglect;
(2) newly discovered evidence that, with reasonable diligence, could not have been discovered in time to move for a new trial under Rule 59(b);
(3) fraud ..., misrepresentation, or misconduct by an opposing party;
(4). the judgment is void;
(5) the judgment has been satisfied, released, or discharged; it is based on an earlier judgment that has been reversed or vacated; or applying it prospectively is no longer equitable; or
(6) any other reason that justifies relief.
Fed.R.Civ.P. 60(b). Relief under Rule 60(b) is an extraordinary remedy and is granted only under exceptional circumstances. In re Aztec Supply Corp., 399 B.R. 480, 489 (Bankr.N.D.Ill.2009). The burden of establishing proper grounds for Rule 60 relief rests on the movant. Travelers Cas. & Sur. Co. v. Ockerlund (In re Ockerlund), Nos. 05 B 59801, 10 C 5738, Adv. No. 06 A 1034, 2011 WL 249456, at *4 (N.D.Ill. Jan. 25, 2011). A motion under Rule 60(b) is left to the sound discretion of the Court. Pretzel & Stouffer, Chartered v. Imperial Adjusters, Inc., 28 F.3d 42, 45 (7th Cir.1994).
Bletchley claims that relief under Rule 60(b) is warranted under subsection (6), the “any other reason” catchall. Despite the fact that Rule 60(b)(6) does not list specific factors justifying relief, the subsection “provides courts with authority adequate to enable them to vacate judgments whenever such action is appropriate to accomplish justice.” Liljeberg v. Health *235Servs. Acquisition Corp., 486 U.S. 847, 863-64, 108 S.Ct. 2194, 100 L.Ed.2d 855 (1988) (internal quotation omitted). Relief under Rule 60(b)(6) requires “a showing of extraordinary circumstances that create a substantial danger that the underlying judgment was unjust.” Margoles v. Johns, 798 F.2d 1069, 1073 (7th Cir.1986). Although the statutory text of Rule 60(b)(6) is broad, a “compelling showing” of inequity, hardship, or unfairness is necessary to warrant relief under that subsection. Cincinnati Ins. Co. v. Flanders Elec. Motor Serv., Inc., 131 F.3d 625, 630 (7th Cir.1997).
Bletchley has failed to establish proper grounds for Rule 60 relief. For the most part, Bletchley merely reiterates arguments that were already addressed and rejected, rather than making a compelling showing of inequity, hardship, or unfairness to satisfy the requirements of Rule 60(b)(6). “Reconsideration is not an appropriate forum for rehashing previously rejected arguments.” Caisse Nationale de Credit Agricole v. CBI Indus., Inc., 90 F.3d 1264, 1270 (7th Cir.1996). The rulings of a bankruptcy court “are not intended as mere first drafts, subject to revision and reconsideration at a litigant’s pleasure.” Deady v. Hanson (In re Hanson), 438 B.R. 144, 148 (Bankr.N.D.Ill.2010), aff'd, 470 B.R. 808 (N.D.Ill.2012) (internal quotation omitted). Thus, the Court will not grant Bletchley’s request for reconsideration based on reiterated arguments that were already rejected by the Court.
Other than repeating the arguments already addressed by the Court in the October 2014 Opinion, Bletchley’s only new argument regarding the Restructuring Fee is that the Court made a legal error. Specifically, Bletchley inaccurately contends that the Court relied solely on the contract interpretation principle of contra proferentem to resolve the ambiguity in the Retention Order regarding entitlement to the Restructuring Fee. Bletch-ley argues that, by doing so, the Court impermissibly shifted the burden to Bletchley to prove that FBR is not entitled to the Restructuring Fee. Legal error is not one of the specified grounds for a motion under Rule 60(b). Banks v. Chi. Bd. of Educ., 750 F.3d 663, 667 (7th Cir.2014); Marques v. Fed. Reserve Bank of Chi., 286 F.3d 1014, 1017-18 (7th Cir.2002). In fact, legal error is a “forbidden ground, because if permitted it would enable a losing party to appeal outside the time limits for appeals without exeuse[.]” Marques, 286 F.3d at 1017-18 (citation omitted). For purposes of a Rule 60(b) motion, a movant must show that the court committed some nonlegal mistake that could not be corrected on appeal. Id.
Bletchley has not sustained its burden under Rule 60(b). Accordingly, Bletch-ley’s request for reconsideration under Rule 60(b) is denied.
2. The Applicable Standard
Next, Bletchley contends that the Court did not rule on the standard that governs the Restructuring Fee. Bletchley argues that the Court should review FBR’s request for the Restructuring Fee under the “reasonableness” standard of § 330, not the “improvidence” standard of § 328(a). Whether § 330 or § 328 controls, however, FBR, as the applicant, bears the burden of proof. See In re Kenneth Leventhal & Co., 19 F.3d 1174, 1177 (7th Cir.1994); In re Wildman, 72 B.R. 700, 708 (Bankr.N.D.Ill.1987).
A bankruptcy court generally reviews a professional’s fee application under § 330’s reasonableness standard after that professional has rendered services in the bankruptcy case. However, under § 328(a), a professional may obtain pre-*236approval of a compensation agreement that a bankruptcy court can subsequently modify only if the initial approval proves to have been “improvident” in light of circumstances that were “not capable of being anticipated” at the time the agreement was approved.3 11 U.S.C. § 328(a); Paloian v. Grupo Serla S.A. de C.V., 433 B.R. 19, 45 (N.D.Ill.2010); see also In re Prod. Assocs., Ltd., 264 B.R. 180, 186 (Bankr.N.D.Ill.2001). “[U]nless unanticipated developments occur, the court may not override its own previous order authorizing a specific compensation arrangement.” In re Begun, 162 B.R. 168, 178 (Bankr.N.D.Ill.1993) (citing In re Confections by Sandra, Inc., 83 B.R. 729, 731-32 (9th Cir. BAP 1987)).
To determine which standard governs the Restructuring Fee, the Court turns to the documents that comprise the agreement regarding the Fee — the Engagement Letter and the Retention Order. According to the explicit language of the Engagement Letter, the terms and conditions of FBR’s retention, including the payment of the Restructuring Fee, are subject to review under § 328(a). Specifically, paragraph 4 states that the Debtors agreed to retain FBR on the terms and conditions in the Engagement Letter subject to review only under § 328(a) and not subject to review under § 330 or any other standard of review. (See FBR’s Am. Fee App, Ex. A ¶ 4.) The express language of the Retention Order mirrors the language in the Engagement Letter with respect to the standard governing the Restructuring Fee, with paragraph 4 stating that FBR’s fees are subject to review pursuant only to the standards in § 328(a). (See Docket No. 79, ¶4.) In contrast, paragraph 4 of the Retention Order states that reimbursement of FBR’s out-of-pocket expenses is subject to further review and approval by the Court under § 330. (Id.)
Despite the express language of the Engagement Letter and the Retention Order, Bletchley argues that the Restructuring Fee should be reviewed under the “reasonableness” standard of § 330 because: (1) both the bankruptcy court and the district court found that the Retention Order was ambiguous regarding the Restructuring Fee, and (2) FBR failed to satisfy its burden to ensure that the Retention Order contained specific, unambiguous terms and conditions to permit review under the “improvidence” standard of § 328(a).4 Bletch-ley is mistaken.
*237First, both this Court and the district court found that the Retention Order was ambiguous as to FBR’s entitlement to the Restructuring Fee, not in connection with which standard to apply in reviewing that Fee. The Retention Order clearly provides that § 328(a) is the standard to apply. Second, although the Retention Order does not contain specific terms and conditions with respect to the parties’ fee arrangement, the Order clearly refers back to the Engagement Letter, which, in turn, expressly, specifically, and unambiguously provides those terms and conditions. (See Docket No. 79, ¶2 (“In accordance with section 328(a) of the Bankruptcy Code, the Debtors are authorized to employ and retain FBR as their financial advisor and investment banker on the terms set forth in the Engagement Letter [.]”) (emphasis added).)
Read together, the Engagement Letter and the Retention Order unequivocally establish that the Restructuring Fee must be reviewed pursuant to § 328(a). Accordingly, the Court holds that the applicable standard of review with respect to the Restructuring Fee is § 328(a).
3. The Amount of the Restructuring Fee
As to the amount of the Restructuring Fee, Bletchley argues that the Fee should be “significantly lowered” under § 328(a) because the amount requested by FBR is “improvident” in light of developments not capable of being anticipated at the time of the fixing of the terms and conditions of the Retention Order.5 Specifically, Bletchley alleges that the Debtors never had a “meeting of the minds” as to how much FBR should be paid and for what. According to Bletchley, FBR’s request of almost $2.6 million for the Restructuring Fee, as well as monthly fees of $220,000, for approximately 400 hours of work, would result in an hourly rate of $6,420. Additionally, Bletchley contends that FBR failed to help the Debtors achieve a successful restructuring, did little work, did not benefit the Debtors’ bankruptcy estates, and did not contribute any real value to thé success of the chapter 11 case, none of which could have been anticipated at the outset of the engagement.
The record in this case establishes that there were no intervening circumstances that were incapable of anticipation by the bankruptcy court or the parties at the time the Retention Order was approved. As discussed above, the Retention Order clearly refers back to the Engagement Letter, which, in turn, provides specific, unambiguous language regarding the amount of fees to be paid to FBR in compensation for services rendered pursuant to the engagement. The Engagement Letter was carefully and precisely prepared, undergoing at least four drafts before the parties ultimately agreed to the final version that was executed on August 13, 2009. Paragraph 3 of the Engagement Letter unequivocally provides the calculations to determine the amount of the Restructuring Fee. Based on that plain language, the amount of the Restructuring Fee was reasonably foreseeable.
*238Nevertheless, Bletchley alleges that the Court could not have anticipated, at the time the Retention Order was approved, that the Debtors, with FBR’s assistance, would fail to achieve a successful restructuring or that FBR would do very limited work for the Debtors. Not only are those arguments erroneous, but they also fail to satisfy § 328(a)’s improvidence exception.
First, the evidence contradicts Bletch-ley’s contentions. The testimony at trial established that FBR did substantial work, reviewing, analyzing, and pursuing restructuring alternatives, engaging in an extensive marketing campaign, producing an investment memorandum, creating a management presentation, and otherwise performing the financial services contemplated by the Engagement Letter. The district court also found that “FBR performed the contracted-for financial services.” (See Docket No. 1164 at 1.) /
As to satisfying § 328(a)’s improvidence exception, Bletchley cannot in good conscience argue that the Debtors’ failure to achieve a successful restructuring could not have been anticipated by the bankruptcy court or the parties when the Retention Order was approved. In what was arguably the hospitality industry’s worst economic downturn in decades, the ability of the Debtors — or any other entity — to successfully restructure hotel properties was a big risk, and everyone, including the bankruptcy court, knew it.6
Similarly, neither Bletchley’s allegation about the limited number of hours that FBR worked nor its assertion about the correspondingly high hourly rate that resulted satisfies the § 328(a) improvidence exception, given the provisions in the documents controlling the engagement. The Retention Order stated that FBR was “not required to provide or conform to any schedule of hourly rates” and that FBR’s non-restructuring professionals were not required to keep time records at all. (See Docket No. 79 ¶ 3.) Additionally, based on the express language of the Engagement Letter, the Debtors agreed that in return for FBR’s experience, expertise, and knowledge, they would compensate FBR according to the terms of the Engagement Letter no matter how many or how few hours FBR professionals worked during the engagement. (See FBR’s Am. Fee App, Ex. A ¶ 4.) Thus, the alleged limited number of hours that FBR actually worked and the corresponding hourly rate that resulted were not developments incapable of being anticipated at the time the Retention Order was approved.7 See In re *239Churchfield Mgmt. & Inv. Corp., 98 B.R. 893, 900 (Bankr.N.D.Ill.1989) (noting that a bankruptcy court “should not reduce a contingent fee merely because the hourly rate looks high in hindsight, but only where the Court is prepared to exercise its substantial discretion under § 328(a) and only upon a specific finding of truly unanti-cipatable developments” (internal quotation omitted)).
Finally, Bletchley’s claims that FBR’s work did not benefit the Debtors’ bankruptcy estates or contribute value to the success of the chapter 11 ease are not appropriately considered in a prospective analysis under § 328(a). A “typical engagement ... preclude^] an examination of ... the impact [a] financial advisor ha[s] in bringing about [a] transaction.” In re XO Commc’ns, Inc., 398 B.R. 106, 112 (Bankr.S.D.N.Y.2008). Rather, “the parties agree to assume the attendant risks involved as to the potential for underpayment or overpayment for the services rendered.” Id.
In sum, Bletchley has failed to identify any developments not capable of being anticipated at the time the Retention Order was approved. The Debtors entered into the Engagement Letter with their eyes open. Upon the execution of the Engagement Letter, the Debtors and FBR did indeed have a “meeting of the minds” as to how much FBR would be paid and for what. Accordingly, the Court will not reduce the amount of the Restructuring Fee requested by FBR and holds that FBR is entitled to the Restructuring Fee in the amount of $2,568,145.89.8
B. Reimbursement of Expenses
FBR also asks the Court to reimburse its expenses of $1,846,838.32. Of that, $1,773,331.00 is for attorneys’ fees, most of which were incurred in defense of FBR’s fee request. FBR argues that it is entitled to the reimbursement of its expenses because both § 330(a) and the pre-ap-proved Engagement Letter provide for that reimbursement. Bletchley objects to FBR’s attorneys’ fees, alleging that FBR has no statutory or contractual basis for the reimbursement. In addition, Bletchley contends that the attorneys’ fees were not pre-approved, are not reasonable, and do not benefit the Debtors’ bankruptcy estates and that, therefore, they should be either denied or substantially reduced.
1. Supreme Court Decision Denying Compensation for Defending Fees in Bankruptcy
The United States Supreme Court recently issued Baker Botts L.L.P. v. ASARCO LLC, - U.S. -, 135 S.Ct. 2158, 192 L.Ed.2d 208 (2015). The question in that case is precisely the one at issue here regarding FBR’s attorneys’ fees: Whether § 330(a)(1) allows a bankruptcy court to award attorneys’ fees for work performed in defending a fee application. Because the Supreme Court held that it does not, FBR is not entitled to reimbursement of the attorneys’ fees it incurred for fee-defense work.
In Baker Botts, the petitioners were two law firms that represented ASARCO LLC, a copper mining, smelting, and refining company (“ASARCO”), as a debtor-in-possession during the pendency of its chapter *24011 bankruptcy case. Id. at 2163. Among other things, the law firms successfully prosecuted a fraudulent transfer action against ASARCO’s parent company, which ultimately resulted in a judgment of $7 billion to $10 billion in ASARCO’s favor. Id. The judgment led to the confirmation of a plan under which all of ASARCO’s creditors were paid in full. Id.
Seeking compensation under § 330(a)(1), the petitioners subsequently filed their fee applications, to which ASARCO, now controlled again by its parent company, objected. Id. After conducting a six-day trial, the bankruptcy court overruled AS-ARCO’s objections and awarded the petitioners fees which included over $5 million for time spent defending the fee requests. Id. In -the appeals that followed on various aspects of the fee award, the district court held that the law firms could recover the fees incurred for the fee-defense litigation. Id. The Fifth Circuit Court of Appeals reversed as to the reimbursement of those fees, ruling that bankruptcy professionals may not be paid for defending fee applications unless the adverse party acted in bad faith, vexatiously, wantonly, or oppressively. ASARCO LLC v. Jordan Hyden Womble Culbreth & Holzer, P.C. (In re ASARCO LLC), 751 F.3d 291, 299-302 (5th Cir.2014), aff'd sub nom. Baker Botts L.L.P. v. ASARCO LLC, - U.S. -, 135 S.Ct. 2158, 192 L.Ed.2d 208 (2015). The U.S. Supreme Court granted certiora-ri on the sole issue of whether such fees are compensable under § 330(a)(1). Baker Botts, 135 S.Ct. at 2163.
In Baker Botts, the Supreme Court affirmed the fee-defense portion of the Fifth Circuit’s decision, holding that § 330(a) does not allow a bankruptcy court to award attorneys’ fees for work performed in defending a fee request. Id. at 2163-69. The Court reasoned that the plain language of § 330(a), which permits only “reasonable compensation for actual, necessary services rendered by” a professional retained by the estate, does not trump the “American Rule” that each party bear the cost of its own attorneys’ fees unless a statute or contract provides otherwise. Id. at 2164-65.
Specifically, the Court explained that the text of § 330(a) does not include provisions that authorize “a reasonable attorney’s fee,” “fees,” or “litigation costs” to a “prevailing party” in the context of an adversarial “action” as do fee-shifting statutes that override the American Rule. Id. Noting that other Bankruptcy Code provisions, such as 11 U.S.C. § 110(i)(l)(C),9 explicitly transfer litigation costs from one party to another, the Court observed that “[h]ad Congress wished to shift the burdens of fee-defense litigation under § 330(a)(1) in a similar manner, it easily could have done so.” Id. at 2166. Accordingly, the Court found that § 330(a) “neither specifically nor explicitly authorizes courts to shift the costs of adversarial litigation from one side to the other.” Id. at 2165.
Rather, § 330(a)(1) provides “reasonable compensation” for all § 327(a) professionals — attorneys, accountants, and other professionals — only for “actual, necessary services rendered,” 11 U.S.C. § 330(a)(1)(A), “for all manner of work done in service of *241the estate administrator,” Baker Botts, 135 S.Ct. at 2165. According to the Court, “[t]ime spent litigating a fee application against the administrator of a bankruptcy estate cannot be fairly described as [services rendered] for ... that administrator.” Id. (emphasis added). Thus, the Court noted that “litigation in defense of a fee application is not a ‘service’ within the meaning of § 330(a)(1).” Id. at 2167. While acknowledging that fees can be awarded for work performed in preparing a fee application under § 330(a)(6), the Court found no similar basis for approving compensation for fees incurred in defending a fee application; Id. at 2167-68.
FBR argues that it is entitled to reimbursement of expenses, including attorneys’ fees and costs, because the Engagement Letter and Retention Order provide for them and because FBR is entitled to reasonable compensation under § 330(a)(1). The problem for FBR, however, is that the Retention Order expressly states that the reimbursement of FBR’s expenses, including attorneys’ fees, is subject to review under § 330. And, as discussed at length above, the Supreme Court has now explicitly held that § 330(a)(1) does not permit a bankruptcy court to award attorneys’ fees for work performed in defense of fee requests. There 'is no distinction between fees incurred by debt- or’s counsel and those incurred by a third party’s counsel when the fees are to be reviewed under § 330 as they are here. Accordingly, under § 330(a)(1), FBR is not entitled to reimbursement of the attorneys’ fees it incurred for fee-litigation work.
FBR’s contract-based argument also fails. Parallel to the reasoning in Baker Botts, the Court finds that the majority of the “fees and expenses of legal counsel” for which FBR seeks reimbursement were not incurred “in connection with the services provided” under the engagement as required pursuant to paragraph 3(e) of the Engagement Letter. (See FBR’s Am. Fee App, Ex. A 13(e).) Nor were most of those fees and expenses reasonably likely to benefit the bankruptcy estate or necessary for the administration of the case. See 11 U.S.C. § 330(a)(4)(A)(ii). Rather, they were incurred primarily in connection with FBR’s fee-defense litigation against the bankruptcy estate. As for the indemnification provisions of the Engagement-Letter, the terms provide for the recovery of attorneys’ fees incurred as a result of “any threatened or pending claim” brought against FBR' as a defendant (see FBR’s Am. Fee App, Ex. A, App. I); they do not apply to situations like this one in which FBR is the applicant, movant, or petitioner. Additionally, neither paragraph 3(e) nor the indemnification provisions contain sufficient language to override the American Rule. Although paragraph 3(e) refers to “reasonable fees and expenses of legal counsel” and the indemnification provisions cite to “reasonable counsel fees and expenses,” neither includes “prevailing party” language in the context of an adversarial “action.”
Because the expenses incurred by FBR are subject to review under § 330 and because the Supreme Court’s decision in Baker Botts is now the law of the land, the Court holds that FBR may not recover the attorneys’ fees it incurred for defending its fee request.
2. Bad-Faith Litigation
In its response to Bletchley’s objections, which - was filed prior to the Supreme Court’s ruling in Baker Botts, FBR argues, alternatively, that the Fifth Circuit’s decision in ASARCO suggests that FBR’s attorneys’ fees should be allowed. Specifically, the Fifth Circuit advised that “[w]here appropriate, the courts should not hesitate to implement the exception to *242the American Rule that allows fee shifting where an adverse party has acted in bad faith, vexatiously, wantonly, or for oppressive reasons.”10 ASARCO, 751 F.3d at 302 (citing Chambers v. NASCO, Inc., 501 U.S. 32, 45-46, 111 S.Ct. 2123, 115 L.Ed.2d 27 (1991)). FBR also cites to In re Volpert, 110 F.3d 494, 500 (7th Cir.1997), for the proposition that bankruptcy courts have authority under § 105 to punish an .attorney who “unreasonably and vexatiously multiplies the proceedings before them.” On these bases, FBR argues that the Court should allow the attorneys’ fees incurred in defense of its fee request because Bletchley’s “scorched earth tactics” drove up FBR’s litigation costs. Bletchley did not respond to FBR’s arguments in this regard.
The Court must “exercise caution in invoking its inherent power” and “comply with the mandates of due process, both in determining that the requisite bad faith exists and in assessing fees[.]” Chambers, 501 U.S. at 50, 111 S.Ct. 2123. “[W]hen there is bad-faith conduct in the course of litigation that could be adequately sanctioned” under the Bankruptcy Code or the Rules, the Court usually should rely on the Code or the Rules rather than its inherent power. Id. Only if, in “the informed discretion” of the Court, “neither the statute nor the Rules are up to the task, the [Cjourt may safely rely on its inherent power.” Id.; see also Law v. Siegel, - U.S. -, 134 S.Ct. 1188, 1194, 188 L.Ed.2d 146 (2014) (noting that courts’ “inherent sanctioning powers” are “subordinate to valid statutory directives and prohibitions”). Thus, before considering whether fee shifting is in order under its “inherent power,” the Court will review Bletchley’s conduct to determine whether attorneys’ fees should be awarded to FBR under § 105.
a. Section 105
In Volpert, the Seventh Circuit found that § 105 is the appropriate source of authority for a bankruptcy court to sanction attorneys who demonstrate conduct that unreasonably and vexatiously multiplies the court’s proceedings. 110 F.3d at 500; see also Law, 134 S.Ct. at 1198. The Seventh Circuit also acknowledged the *243court’s inherent power to impose sanctions but found it “unnecessary to say that the power to sanction” that it recognized in VoVpert is “properly characterized as an ‘inherent’ one.” Volpert, 110 F.3d at 501. Rather, the Seventh Circuit simply held that “the plain language of § 105 furnishes the bankruptcy courts with ample authority to sanction conduct that abuses the judicial process, including conduct that unreasonably and vexatiously multiplies bankruptcy proceedings.” Id.
Turning to the alleged conduct in the instant matter, FBR argues that Bletchley engaged in a “scorched earth” approach to the fee objection litigation which drove up FBR’s expenses and that Bletchley is the sole reason for those expenses. Specifically, FBR contends that the time spent on the legal services for which reimbursement is sought was both “necessary and in direct response to Bletchley’s litigation demands and tactics.” (FBR’s Resp. at 18.) According to FBR, Bletchley subjected FBR to exhaustive discovery, including “onerous” 'document requests and four notices of deposition, while refusing to produce its own documents or to participate in any meaningful settlement negotiations. (Id. at 18 n. 18.)
This Court was not involved in the first round of litigation on the fee application. However, the Court has reviewed all of the pleadings that were filed, the transcript of the proceedings that led to the summary judgment order, the appellate briefs, and the district court opinion. Further, the Court presided over the trial on remand to determine whether FBR was entitled to the Restructuring Fee under the Engagement Letter and the Retention Order. Based on the Court’s review, it is clear that Bletchley aggressively pursued-its objections and that FBR was equally aggressive in its defense. While FBR argues that Bletchley was not forthcoming in discovery, at the end of the dajr, both sides engaged in extensive discovery, and the litigation that ensued was based on a full record. The Court understands that two separate mediation attempts were made in this case. Those proceedings were confidential. Just because Bletchley aggressively pursued its objection and the parties were not able to agree on a resolution does not mean that Bletchley engaged in an abuse of the judicial process or conduct that unreasonably and vexatiously multiplied the proceedings. Sanctions, under any authority, are the exception, not the norm, and should not be imposed lightly, “even in the face of aggressive litigation tactics and strategy.” Kramer v. Mahia (In re Khan), 488 B.R. 515, 528 (Bankr.E.D.N.Y.2013), aff'd sub nom. Dahiya v. Kramer, No. 13-CV-3079 (DLI), 2014 WL 1278131 (E.D.N.Y. Mar. 27, 2014), aff'd, 593 Fed.Appx. 83 (2d Cir.2015). Thus, the Court will not exercise its powers under § 105 to sanction Bletchley for its litigation tactics in this case.
b. The Inherent Power of the Court
The sanctioning scheme of the Code and the Rules does not displace the Court’s inherent power to impose sanctions for bad-faith conduct. Chambers, 501 U.S. at 46, 111 S.Ct. 2123. The various mechanisms, “taken alone or together, are not substitutes for the inherent power, for that power is both broader and narrower than other means of imposing sanctions.” Id. Each of the other mechanisms reaches only specific people or conduct, while the inherent power extends to “a full range of litigation abuses.” Id. Thus, the inherent power “exist[s] to fill in the interstices.” Id.
In Chambers, the Supreme Court explored the scope of the inherent power of a federal court to sanction a litigant for bad-faith conduct. More recently, in Marrama *244v. Citizens Bank of Massachusetts, the Supreme Court recognized that a bankruptcy court may likewise possess an inherent power to sanction abusive litigation practices. 549 U.S. 365, 375-76, 127 S.Ct. 1105, 166 L.Ed.2d 956 (2007). This inherent power, however, has limitations and, because of its potency, must be exercised with “restraint and discretion.” Chambers, 501 U.S. at 44, 111 S.Ct. 2123 (citing Roadway Express, Inc. v. Piper, 447 U.S. 752, 764, 100 S.Ct. 2455, 65 L.Ed.2d 488 (1980)). The “wielding of th[is] inherent power is particularly appropriate when the offending parties have practiced a fraud upon the court” or the “very temple of justice has been defiled.” Id. at 42, 46, 111 S.Ct. 2123 (internal quotations omitted). The imposition of sanctions in these instances “transcends a court’s equitable power concerning relations between the parties and reaches a court’s inherent power to police itself,” thereby “serving the dual purpose of ‘vindieat[ing] judicial authority without resort to the more drastic sanctions available for contempt of court and mak[ing] the prevailing party whole for expenses caused by his opponent’s obstinacy.’ ” Id. at 46, 111 S.Ct. 2123 (quoting Hutto v. Finney, 437 U.S. 678, 689 n. 14, 98 S.Ct. 2565, 57 L.Ed.2d 522 (1978)).
Based on the evidence of record, the Court finds that Bletchley’s aggressive pursuit of its objections does not constitute abusive litigation tactics. Given the substantial fees and expenses at stake and the ambiguity of the Retention Order, Bletch-ley acted to protect its interests and undoubtedly believed that its objections were well-founded. Bletchley did not commit a fraud upon the Court, nor did it defile the “very temple of justice.” “The standards for bad faith are necessarily stringent, and [a] party should not be penalized for maintaining an aggressive litigation posture.” Fortune v. Taylor Fortune Grp., L.L.C., - Fed.Appx. -, -, No. 15-60009, 2015 WL 4624211, at *3 (5th Cir. Aug. 4, 2015) (internal quotation omitted). Accordingly, the Court will not use its inherent power to impose sanctions on Bletch-ley.
3. Compensation for Expenses Not Related to the Defense of FBR’s Fees
In addition to fee-defense work, FBR’s counsel also provided other legal services to FBR during the pendency of the case. Pursuant to paragraph 3(e) of the Engagement Letter, there is no doubt that FBR is entitled to reimbursement of the expenses incurred in connection with that work, and those expenses, as discussed above, are clearly subject to the Court’s review under § 330 pursuant to paragraph 4 of the Retention Order.
According to the Amended Fee Application and the exhibits attached thereto, Venable LLP (“Venable”) provided 111.4 hours of legal services to FBR between June 2011, when Venable was retained, and January 2012, when the Amended Fee Application was filed, for a total of $50,542.00 in fees. {See FBR’s Am. Fee App, Ex. E at ¶ 11 of the declaration of Andrew J. Currie (the “Currie Declaration”) and the attachments thereto.) A review of the applicable time entries indicates that the work performed by Venable was for either: (1) general representation in connection with FBR’s engagement in this case, which is reimbursable under § 330(a)(1); or (2) assistance in preparation of both the original and amended fee applications, which is reimbursable under § 330(a)(6).
Likewise, during the same time period, FBR hired Barack Ferrazzano Kirschb-aum & Nagelberg LLP (“Barack”) as local counsel. Pursuant to the Amended Fee Application and its exhibits, Barack pro*245vided 13.5 hours of legal services between February 17, 2012 and July 19, 2012, for a total of $5,857.50, and 6.8 hours of legal services in November 2014, for, a total of $3,421.00, for preparation of the original and amended fee applications. (See FBR’s Am. Fee App, Ex. F at ¶ 12 of the declaration of William J. Barrett (the “Barrett Declaration”) and the attachments thereto.) These services are, thus, reimbursable under § 330(a)(6).
The Amended Fee Application and the exhibits attached thereto also outline a total of more than $73,500.00 in out-of-pocket expenses incurred by FBR, Venable, and Barack. The Court has reviewed those expenses and has determined that $2,646.10 will be allowed.11
Accordingly, the Court will award FBR $62,466.60 for attorneys’ fees and expenses for work performed in connection with general representation and preparation of the original and amended fee applications.
CONCLUSION
For the foregoing reasons, Bletchley’s objection is sustained in part and overruled in part. The Court finds that Bletchley has not sustained its burden under Rule 60(b) and, thus, denies Bletch-ley’s request to reconsider the October 2014 Opinion. Further, in accordance with the Supreme Court’s decision in Baker Botts, the Court finds that FBR is not entitled to reimbursement of its attorneys’ fees for work performed in defense of its fee request. Based on these findings, the Court awards FBR a Restructuring Fee in the amount of $2,568,145.89 and reimbursement of expenses in the amount of $62,466.60. All other requested expenses are denied. A separate order will be entered consistent with this Memorandum Opinion.
. Bletchley is a wholly-owned subsidiary of Amalgamated Bank. (See FBR’s Am. Fee App ¶ 14.)
. The district court noted that the agreement regarding the Restructuring Fee consists of both the Engagement Letter and the Retention Order. (See Docket No. 1164 at 5 ("Here, the contract is the August 13, 2009 Engagement Letter, as explained by the Bankruptcy Court's September 17, 2009 Retention Order.”).)
. Section 328(a) provides, in its entirety, as follows:
The trustee, or a committee appointed under section 1102 of this title, with the court’s approval, may employ or authorize the employment of a professional person under section 327 or 1103 of this title, as the case may be, on any reasonable terms and conditions of employment, including on a retainer, on an hourly basis, on a fixed or percentage fee basis, or on a contingent fee basis. Notwithstanding such terms and conditions, the court may allow compensation different from the compensation provided under such terms and conditions after the conclusion of such employment, if such terms and conditions prove to have been improvident in light of developments not capable of being anticipated at the time of the fixing of such terms and conditions.
11 U.S.C § 328(a).
. As to the latter, Bletchley relies on the Third Circuit’s decision in Zolfo, Cooper. & Co. v. Sunbeam-Oster Co., 50 F.3d 253 (3d Cir.1995), contending that since the Retention Order does not “expressly and unambiguously state specific terms and conditions (e.g. [,] specific hourly rates or contingency fee arrangements) that are being approved pursuant to the first sentence of section 328(a), then the terms and conditions are merely those that apply in the absence of specific agreement.” Id. at 261. According to Bletchley, "[t]hat leaves the [CJourt free to apply lodestar rates unfettered by the strictures of the second sentence of section 328(a).” Id.
. FBR claims that Bletchley affirmatively abandoned its improvidence objections by failing to support them on summary judgment and by admitting under oath, in response to an interrogatory, that there were no developments that occurred in the case that were incapable of being anticipated at the time of entry of the Retention Order. Whether Bletch-ley's improvidence objections were abandoned or not is of no moment, because, as discussed below, none of Bletchley’s contentions satisfies the § 328(a) improvidence exception.
. Adding to that risk was the fact that the Debtors' approach to the chapter 11 case was to propose a plan and bid procedures which did not provide for the lenders to credit bid their claims in the sale of the Debtors' assets. This approach was very controversial and not consistent with the majority of the case law other than the relatively new case In re Philadelphia Newspapers, LLC, 599 F.3d 298 (3d Cir.2010). This approach failed, and the Debtors were permitted to take a very prompt appeal directly to the Seventh Circuit, see River Rd. Hotel Partners, LLC v. Amalgamated Bank, 651 F.3d 642 (7th Cir.2011), and, ultimately, to the U.S. Supreme Court, see Rad-LAX Gateway Hotel, LLC v. Amalgamated Bank, - U.S. -, 132 S.Ct. 2065, 182 L.Ed.2d 967 (2012), which upheld both the bankruptcy court's and the Seventh Circuit’s rejection of the Debtors’ plan approach.
. Additionally, FBR and the Debtors carefully negotiated both the Restructuring Fee and the other fees to be paid to FBR under the Engagement Letter, so the ultimate figures should have been no surprise to anyone. As noted above, the Engagement Letter underwent at least four drafts before the parties ultimately agreed to the final version, which provided for, inter alia, a monthly fee of $10,000. Previous drafts included a much higher figure; the first draft, for example, provided for a monthly fee of $165,000. That fee was reduced in exchange for a higher Restructuring Fee. And, in fact, FBR’s representatives testified at the three-day bench trial *239that, given market rates, they would not have agreed to a monthly fee of $10,000 if the Restructuring Fee had not been increased. See River Rd., 520 B.R. at 694.
. This figure comes from the calculations outlined in Exhibit B to the Amended Fee Application and the November 12, 2014 declaration of FBR managing director Brian Taylor, which is Exhibit D to the Amended Fee Application.
. Section 110(i)(l)(C) provides:
If a bankruptcy petition preparer violates this section or commits any act that the court finds to be fraudulent, unfair, or deceptive, on motion of the debtor, trustee, United States trustee (or the bankruptcy administrator, if any), and after notice and a hearing, the court shall order the bankruptcy petition preparer to pay to the debt- or ... reasonable attorneys’ fees and costs in moving for damages under this subsection.
11 U.S.C. § 110(i)(l)(C).
. The Fifth Circuit did not address whether ASARCO’s counsel was entitled to attorneys’ fees for its fee-defense litigation under the bad-faith exception to the American Rule. The Fifth Circuit specifically noted that ''[n]o issues falling within Chambers were raised in response to reorganized ASARCO’s fee objections here.” ASARCO, 751 F.3d at 302. The Supreme Court also did not address the Chambers issue in Baker Botts. Instead, in response to the United States' concerns about the possibility of frivolous objections to fee applications, the Supreme Court noted that Bankruptcy Rule 9011 authorizes courts to impose sanctions for bad-faith conduct in litigation, which may include an order for the payment of reasonable attorneys' fees. Baker Botts, 135 S.Ct. at 2168 n.4.
Under Rule 9011, bankruptcy’s analogue to Federal Rule of Civil Procedure 11, a court may sanction a party who files a document for an improper purpose, such as to harass or to cause unnecessary delay or cost. Fed. R. Bankr.P. 9011(b), (c); Chambers v. NASCO, Inc., 501 U.S. 32, 46, 111 S.Ct. 2123, 115 L.Ed.2d 27 (1991). Rule 9011 sanctions "are not tied to the outcome of litigation; the relevant inquiry is whether a specific filing was, if not successful, at least well founded.” Chambers, 501 U.S. at 53, 111 S.Ct. 2123. The Rule imposes "an objective standard of reasonable inquiry which does not mandate a finding of bad faith.” Id. at 47, 111 S.Ct. 2123.
FBR does not argue that Bletchley violated Rule 9011. Although the Court may sua sponte enter an order describing the specific conduct that appears to violate Rule 9011 and direct counsel to show cause as to why it has not violated the Rule, the Court does not find, based on the evidence of record or the history of this case, that any specific filing was made in bad faith or for an improper purpose.
. The $2,646.10 in expenses were incurred by Venable during the period June 6, 2011 to February 16, 2012 according to the Currie Declaration and a review of Exhibit B to that declaration. The Court has disallowed the remaining out-of-pocket expenses requested by FBR as outlined in Exhibit C to the Amended Fee Application, Exhibit B to the Currie Declaration, and Exhibit B to the Barrett Declaration as those expenses all appear to be related to the litigation regarding Bletchley's objection to the FBR fee application.