The DOJ’s United States Trustee Program (USTP), which monitors bankruptcy proceedings, has been pressing for new rules and guidelines on attorney fees in Chapter 11 bankruptcies. On...
News Blog
Category: Bankruptcy Fees / Expenses
$17M Billed in MF Global Bankruptcy...So Far
June 5, 2012
A recent Reuters story, “MF Global Trustee’s Law Firm Bills $17 Million So Far,” reports that the legal team unwinding MF Global Holdings’ broker-dealer billed more than $17...
Weil's Legal Bill for Lehman Brothers Bankruptcy Tops $380M
April 23, 2012
A recent AM Law Daily story, “As Lehman Exits Bankruptcy, Weil’s Tab Stands at Nearly $383 Million,” reports that Weil, Gotshal & Mange’s business finance and restructuring...
A recent WSJ Law Blog story, “First Circuit Lifts Ban on ‘Attorney Fee-Only’ Bankruptcy Plans” reports that the paradox in personal bankruptcy is that you need a lawyer to help...
MLB and Dodgers in Fee Dispute Over Team's Bankruptcy
April 9, 2012
A recent NLJ story, “MLB wants Dodgers to Cover League’s Legal Costs in Team’s Bankruptcy” reports that the settlement between Major League Baseball and Los Angeles Dodgers...
Top Billers in Tribune Bankruptcy: Sidley, Chadbourne
April 3, 2012
A recent AM Law Daily story, “Sidley, Chadbourne Claim Crown as Tribune Bankruptcy’s Biggest Billers” reports that, according to court filings, two of the more than 20 law firms paid...
Trustee Wants No Mention of Legal Fees in Madoff-Mets Trial
March 22, 2012
A recent Thomson Reuters story, “Legal Fees Take Mound in Madoff-Mets Case” reports that in a trial over whether owners of the New York Mets turned a blind eye to Bernard Madoff’s...
NALFA Hosts Successful Attorney Fees Conference
November 28, 2011
On November 17, 2011, NALFA hosted The Attorney Fees Conference at Loyola Law School in Los Angeles. The conference featured 3 sitting judges, top trial lawyers, and attorney fee experts...
Firms Defend Work, Fees in Dodgers Bankruptcy
October 26, 2011
A recent law.com story, “Firms Defend Their Work in Dodgers Bankruptcy Against Trustee’s Attack” reports that the U.S. Trustee overseeing the bankruptcy case of the Los Angeles...
Investors Don't Like Receiver's Work, Fees
October 17, 2011
A recent American Lawyer story, “As Stanford Victims Grumble, Court Approves Receiver’s Latest Fee Request” reports that on Tuesday the Dallas federal district court judge overseeing...