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Bankruptcy

Nov. 16, 2012

Bankruptcy lawyers prep for fee guidelines

California bankruptcy lawyers are closely following an incoming set of federal regulations that would require them to track and budget their work on larger Chapter 11 cases or face opposition from the U.S. Trustee.


By Kevin Lee


Daily Journal Staff Writer


California bankruptcy lawyers are closely following an incoming set of federal regulations that would require them to track and budget their work on larger Chapter 11 cases or face opposition from the U.S. Trustee.


The U.S. Trustee Program, the arm of the U.S. Department of Justice that oversees the federal bankruptcy system, released a modified set of proposed guidelines this month that would regulate f...

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