U.S. Supreme Court
Jun. 20, 2015
There are some limits to fees in bankruptcy cases
As Will Rodgers would say, "Everyone talks about it, but nobody does anything about it." But on Monday, the U.S. Supreme Court did something about professional fees. By David M. Reeder
The zero-intensive nature of professional fees in chapter 11 bankruptcy cases and
the ongoing concern expressed by commentators bring to mind the line by the great
Will Rodgers about the weather: "Everyone talks about it, but nobody does anything
about it." On Monday, however, in Baker Botts LLP v. ASARCO LLC, the U.S. Supreme Court did something about professional fees.<...
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