Perspective
Feb. 16, 2011
Professional Compensation in Bankruptcy: Standards and When and How to Object
The amount of compensation paid to professionals in large bankruptcies is coming under increased scrutiny. By William E. Ireland of Haight Brown & Bonesteel.
FIRST IN A TWO-PART SERIES
Over the last 30 years, the role of bankruptcy has expanded, with many companies entering and exiting bankruptcy without stigma. For a practitioner representing a client who is a creditor in bankruptcy, an issue that arises is that clients often do not understand bankruptcy. They may understand the difference between unsecured and secured debt, and the consequences that can arise from those two different c...
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