U.S. Supreme Court
Jun. 6, 2012
DOJ considers new controls on legal fees in bankruptcies
The U.S. Justice Department is eyeing new ways to control legal fees in massive bankruptcies like the one filed by cratered law firm Dewey & LeBoeuf LLP last week.
Daily Journal Staff Writer
WASHINGTON - The U.S. Justice Department is eyeing new ways to control legal fees in massive bankruptcies like the one filed by cratered law firm Dewey & LeBoeuf LLP last week.
The U.S. Trustee Program, a division of the department overseeing bankruptcies, has proposed a set of guidelines for fees in Chapter 11 cases involving more than $50 million in combined assets and liabilities. Dewey &...
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