

As reported by the Detroit Free Press, the law firm currently representing Detroit’s retirees in the current bankruptcy case is being “challenged for its practice…
Tom Petters, a Minnesota businessman, was sentenced to 50 years in prison over four years ago. However, legal and accounting fees associated with his bankruptcy…
On Monday, Gov. Rick Snyder of Michigan defended Detroit’s bankruptcy filing as a final effort to prevent the city’s lengthy financial decline. “‘This is a…
Lehman filed for bankruptcy in September 2008, and in the five years following, has amassed about $2.2 billion in legal fees. In March 2012, Lehman…
On June 11th 2013, the Justice Department officials announced that starting November 1st, new attorney fee guidelines for Chapter 11 bankruptcy cases will take effect….
It’s that time of year again when many Americans receive their federal tax rebates in the mail, but an estimated 200,000 will be breathing a…
As reported in the New York Times, Judge Martin Glenn of the United States Bankruptcy Court in Manhattan held that MF Global’s insurance company will…
According to a recent article published by CNN Money, Lehman Brothers’ bankruptcy legal and other professional fees and expenses have reached $1.6 billion as of…
The October 2011 Lehman Brothers monthly operating report was recently released. The report contains, among other things, the professional fees paid to the various entities…