fees

Energy Future Paid Millions to Sidley Before Bankruptcy

05/15/14

New court papers show Sidley Austin LLP was the big earner among the professional firms grooming Energy Future Holdings Corp. as it headed toward a restructuring, raking in a $17.5 million retainer for representing the parent company that sits atop the beleaguered Texas power-selling conglomerate.

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Here’s What Energy Future Is Paying the Lawyers, Bankers and Advisers Who Worked on Restructuring

05/02/14

Energy Future Holdings’ bid to restructure some $42 billion in debt under bankruptcy protection isn’t just the biggest busted LBO in history.

It’s also something of a full employment act for bankruptcy lawyers, especially now that cracks are showing in what the Texas energy company calls a “prearranged” restructuring.

[more]

Freedom’s Bankruptcy Lawyers, Advisers Bill $1.9 Million

04/16/14

The company behind the chemical spill that tainted the water supply of 300,000 people in West Virginia spent $1.9 million on attorneys and advisers in the first months of its bankruptcy case.

[more]

Freedom’s Bankruptcy Lawyers, Advisers Bill $1.9 Million

04/16/14

The company behind the chemical spill that tainted the water supply of 300,000 people in West Virginia spent $1.9 million on attorneys and advisers in the first months of its bankruptcy case.

[more]

Freedom’s Bankruptcy Lawyers, Advisers Bill $1.9 Million

04/16/14

The company behind the chemical spill that tainted the water supply of 300,000 people in West Virginia spent $1.9 million on attorneys and advisers in the first months of its bankruptcy case.

[more]

The Daily Docket: Lehman Reaches Deal With Fannie Mae

01/24/14

The team winding down the remnants of Lehman Brothers Holdings Inc. has reached a far-ranging settlement resolving Fannie Mae’s $18.9 billion claim stemming from mortgage loans and mortgage-backed securities the failed investment bank sold to Fannie Mae before the financial crisis.

[more]

The Daily Docket: Lehman Reaches Deal With Fannie Mae

01/24/14

The team winding down the remnants of Lehman Brothers Holdings Inc. has reached a far-ranging settlement resolving Fannie Mae’s $18.9 billion claim stemming from mortgage loans and mortgage-backed securities the failed investment bank sold to Fannie Mae before the financial crisis.

[more]

Detroit Fee Minder’s November Bill Tops $100,000

01/21/14
European Pressphoto Agency
A view of an empty house with the GM building in downtown Detroit in the background

The

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Detroit Fee Minder’s November Bill Tops $100,000

01/21/14
European Pressphoto Agency
A view of an empty house with the GM building in downtown Detroit in the background

The

[more]

Judge Says Greater Vigilance Needed With Bankruptcy Fees

12/17/13

A federal judge says corporate bankruptcy lawyers and advisers should err on the side of transparency when seeking court approval for the “handsome” fees they charge their clients.

A kerfuffle over professional fees in the bankruptcy case of investment firm GSC Group Inc. prompted last week’s strongly-worded ruling from Judge Shelley C. Chapman of the U.S. Bankruptcy Court in Manhattan.

[more]