Bankruptcy Law

Bankruptcy lawyers resist scrutiny over fees – msnbc.com

In one recent example, during the two-and-a-half-year restructuring of Lehman Brothers, payments to the law firm Weil Gotshal & Manges totaled $383 million, according to a securities filing in March. Legal fees are at issue also in the bankruptcy of … Continue reading

MF Global trustee’s law firm bills $17 million so far – msnbc.com

NEW YORK (Reuters) – The legal team unwinding MF Global Holdings’ broker-dealer pocketed more than $17 million in legal fees in the first four months of the bankruptcy, court filings show. The team from law firm Hughes Hubbard & Reed, … Continue reading

MF Global trustee’s law firm bills $17 million so far – Reuters

NEW YORK (Reuters) – The legal team unwinding MF Global Holdings’ broker-dealer pocketed more than $17 million in legal fees in the first four months of the bankruptcy, court filings show. The team from law firm Hughes Hubbard & Reed … Continue reading

MF Global trustee’s law firm bills $17 mln so far – Reuters

NEW YORK, June 4 (Reuters) – The legal team unwinding MF Global Holdings’ broker-dealer pocketed more than $17 million in legal fees in the first four months of the bankruptcy, court filings show. The team from law firm Hughes Hubbard … Continue reading

DOJ: Why do bankruptcy lawyers charge $1,000 an hour? – msnbc.com

USTP representatives also heard from law firms, trade groups representing them and other bankruptcy professionals, organizations that object to the agency’s plan. Approximately half a dozen presenters representing industry interests spoke at the …

Dewey Bankruptcy Docket Report: Next Up, Stephen DiCarmine – Wall Street Journal

Now that Dewey & LeBoeuf LLP has landed in bankruptcy court, the team winding down the firm … of creditors who say they are owed money by the once-mighty New York law firm is growing daily. One of the more … Continue reading

$1,000/Hour Bankruptcies: Attorneys Justify Their Fees – Wall Street Journal

What Some Top Lawyers Charged Source: Bankruptcy court filings But big legal bills often don’t sit well with creditors or employees whose jobs may be at stake in the restructuring. And now, the U.S. Trustee wants law firms to make … Continue reading

We need more time to evaluate bankruptcy law – Record

There is a tremendous amount of angst over AB1692, a bill authored by Fremont Assemblyman Bob Wieckowski that proposes to make changes to AB506, the law being employed by Stockton that establishes a mediation process for cities before filing for … Continue reading

Treasure Coast Law Firm Launches Online Consumer Initiative for Debt Relief – YAHOO!

It is designed to cut through the clutter of inaccurate information and irrelevant search results. “Bankruptcy law is Federal law, of course, but people need a local attorney whom they can trust, open up to, and get excellent legal advice … Continue reading

United States: Dodd-Frank And Bankruptcy Law – Mondaq

Dodd-Frank contains over 2,000 pages and deals with numerous areas of federal regulation including legal guidelines for financial and non-financial companies, instructions to various existing federal agencies to develop regulations to enforce provisions of …